2016 Is the Worst Year for Album Sales on Record

Drake’s ‘VIEWS’ is the only album to sell one million copies so far.

By
Music 
186 Hypes 0 Comments

Billboard are reporting that album sales for the first six months of this year are at their lowest since SoundScan began recording back in 1991. Nielsen Music have recorded a 13.6% drop in overall U.S. album sales in comparison to the same period in 2015. Drake‘s VIEWS has been the only album to break the magic million, racking up 1.3 million full album sales, 317,000 track-equivalent albums (where an album unit equals 10 track sales) and 979,000 stream-equivalent albums (where one album unit is equivalent to 1500 streams). Overall, CD sales dropped 11.6% to $40 million and digital album sales are down 18% to $43.8 million. On the other hand, vinyl sales increased 11.4% to 6.2 million copies and a 58.7% increase for streaming was the main catalyst for an estimated 8.9% rise in revenue to 1.98 billion so far in 2016.

Read Full Article

What to Read Next

Nike Releases the Cortez '72 QS in "Black" and "Loyal Blue"
Footwear

Nike Releases the Cortez '72 QS in "Black" and "Loyal Blue"

Simple colorways for the vintage silhouette.

KILLSPENCER Unveils the Understated "Bone" Collection
Fashion

KILLSPENCER Unveils the Understated "Bone" Collection

Made with premium taupe nubuck leather and suede.

VFILES Season 7 Runway Is Looking for the Next Big Fashion Name
Fashion

VFILES Season 7 Runway Is Looking for the Next Big Fashion Name

Open to designers, stylists, hair and makeup artists, photographers and models.


Sam Gellaitry Shares New Single, “The Gateway”
Music 

Sam Gellaitry Shares New Single, “The Gateway”

In anticipation of his next EP drop.

'Pokémon GO' Is Now Available in the U.S.
Entertainment

'Pokémon GO' Is Now Available in the U.S.

Collect your favourites now.

50 Cent Settles His Bankruptcy Case
Music 

50 Cent Settles His Bankruptcy Case

Are Fiddy’s financial troubles over?

More ▾
 
Subscribe to our Newsletter

Gain access to exclusive interviews with industry creatives, think pieces, trend forecasts, guides and more.

By subscribing, you agree to our Terms of Use and Privacy Policy.

Help us serve you better

We appreciate your support in allowing HYPEBEAST ads, where we can share contents from the latest fashion, to those culturally relevant. In adding HYPEBEAST to your ad blocker's whitelist, ads on our sites will show while you continue to browse.