Posted by aubin on Tuesday, October 6, 2009 at 12:00 PM (EDT)
The Chicago Tribune is reporting on the Future of Music summit which gives some hard numbers as to the state of music right now. Interestingly, the organizers have crunched the numbers to help give some indication of where album sales are right now.
More than 115,000 albums were released, but only 110 sold more than 250,000 copies, a mere 1,500 topped 10,000 sales, and fewer than 6,000 cracked the 1,000 barrier. As an exercise in extremes though, it's worth noting that the Beatles managed to sell 2.25 million physical reissues of 40 year old albums in just five days. The legendary band is still not selling music digitally. Check out the report here. Games and Technology (66 comments)
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Torgo (October 6, 2009)
I love The Beatles but fuck it annoys me so many people buy their shit and so many other bands I love are poor as shit. Half are dead and the other two are loaded! I have no qualms illegally downloading bands that have gold albums. 2+ Replies
ExtraCheesePizza (October 6, 2009)
I would like to see what those 110 albums were. Where did they get their numbers from? SoundScan? 1+ Reply
655321 (October 6, 2009)
are these just physical album sales? Did the reporter consider iTunes sales, etc.? I'm not trying to say that record sales are what they were 10 years ago, but it seems as if they have intentionally omitted some useful information in order to.... come to the conclusion that everyone is aware of. 1+ Reply
iamnormie (October 6, 2009)
yeah and how many of those bands actually get any real exposure outside of myspace, college radio that most people don't listen to, and word of mouth? There's more factors to the decline of album sales than just digital sales and piracy. 3+ Replies
matt_b (October 6, 2009)
This is fairly interesting. Especially the last bit of information - the Beatles still have yet to transcend into the digital age, but still remain relevant. 3+ Replies
HeyBarmold (October 6, 2009)
115,000 albums may have been released, but they certainly were not all marketed to the same demographic. The Jonas Brothers cd was probably expected to sell more than 250,000 copies, but the new Polar Bear Club is not expected sell anywhere near that. Are they suggesting that a release on Asian Man records or the soundtrack to some Sandra Bullock movie is supposed to sell 250,000 copies?
woodandiron (October 6, 2009)
All this hand-wringing over the death of the music industry doesn't strike any sympathetic emotions from me. The fact is that the world appears to be shifting to a more fluid and less regulated domain of intellectual property regarding music, movies, TV, whatever. These companies are freaking out because all they do is facilitate talented people to put out music, they don't actually produce anything on their own. Their goal is to find a new way to bring in money or die like the dinosaurs they appear to be. For artists, I think the way forward is digital downloads, either free or for money. But focus on a satisfying live show. Also, try and avoid middlemen like record companies as much as possible. It's just a fact of life. The market for all sorts of media is becoming so niche-driven and fractured that it's damn nearly unlikely that any band can become a show rest of comment 6+ Replies
Oldpunkerforever (October 6, 2009)
well, I am always and have always been a fan of having the physical copy of something, I just find it neat. I just want to add that I got the new Strike Anywhere yesterday and good grief, its brilliant-oldpunker- 1+ Reply
lostandclowned (October 6, 2009)
I think it may be that the Beatles still have a fair amount of fans who don't use iTunes or download music. But there's also the fact that they're just good.
HeyBarmold (October 6, 2009)
My biggest complaint about the digital marketplace is the complete absence of any legitimate secondary market. You obviously can't buy used MP3s anywhere like you could buy a used record or cd. The only secondary market is piratization. 1+ Reply
eatdogs (October 6, 2009)
it's here. it's finally here. no more cds for sale. all digital. i claim it now.
miniblindbandit (October 6, 2009)
the publicist he got the numbers from contributes to a pretty cool blog.
punkrockliz (October 6, 2009)
I dont know those numbers seem a little fishy. The only thing that makes sense is old people buy stuff on the formats they are used to. Which would be cds or records. And all the kids buy or steal it off the internet. Wait a second I just talked myself into believing this. 2+ Replies
cpp_ (October 6, 2009)
no offence to anyone who may be a struggling artist, but seriously there are too many bands being signed or kept by labels that are releasing the same album every year, nothing sounds different or unique anymore, it all sounds the same. The same with movies, they're having problems with people downloading because they release the same movies every year that are so predictable and expensive that it makes people not want to go and spend money on predictable plot lines, reused catch phrases, sequals and remakes to films that should be left alone. 3+ Replies
eran_zombis (October 6, 2009)
a. people are being mean to each other today.
Tom_Delonge (October 6, 2009)
It's a circular narrative in may ways where it kind of sums up the human race in a time capsule.
nick_s (October 6, 2009)
A format that is slowly becoming obselete is decreasing in sales, followed by most people will take something for free if they can, it's rocket science!
eunomi (October 6, 2009)
Correction for the article: CDs are digital.
xmarkax (October 7, 2009)
Does this include all independent record labels? Does it include vinyl? Does it include records sold through online distros such as Revhq/Interpunk etc? I now labels such as deathwish/bridge 9/rivalry etc will sell over a thousand copies of most records that they put out on vinyl alone. While I have no doubt that the over 250,000 copies figures are correct I have my suspecions on the other figures. Does fat wreck report their figures? | Features
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thats cuz old people love to buy thins they already own to validate their youth