US albums sales hit all time low

The United States has seen its biggest drop in album sales since records began this week.

Nielson SoundScan, which tracks sales data, reported that only 3.97million albums were bought in the US in the last week. The lowest weekly sales it has recorded since they began tracking in 1991 and the first time it has fallen below the 4 million mark.

Overall, the American music market has seen a worrying trend in total album sales in the last year, already being down by 14.6% when compared to last year and dropping by 100,000s every quarter.

A number of record executives have attributed the trend to the growth of streaming services such as Spotify and Last.FM, but with recent number one records going to those who shift less than 100,000 copies, how long does this format have?

[Via NME]

More News

Nick Cave & The Bad Seeds announce new album 'Wild God'

After the rousing response to their much-loved LP 'Ghosteen' in 2019, Nick Cave... 1 month 3 weeks ago

Two Door Cinema Club return with new single 'Happy Customers'

After following up their much-loved 2022 LP 'Keep On Smiling' with the vibrant comeback single 'Sure Enough' last year, Two Door Cinema Club are now... 1 month 3 weeks ago

Wallows announce new album 'Model'

Following on from the release of their highly-praised 2022 sophomore LP 'Tell Me That It's Over', Wallows have now announced their plans for a new... 1 month 3 weeks ago

Dehd share new single 'Light On'

With their highly-anticipated new album set to arrive in the coming months, Dehd have now dropped the next cut to be lifted from their forthcoming... 1 month 3 weeks ago

Ibibio Sound Machine deliver new single 'Pull The Rope'

With their eagerly-awaited new album landing in the coming months, Ibibio Sound Machine have now dropped the next cut to be lifted from their... 1 month 3 weeks ago

Mike Lindsay shares new single 'kachumber'

With his eagerly-awaited debut solo album set to arrive later this year, Mike Lindsay has now dropped the next cut to be lifted from his forthcoming... 1 month 3 weeks ago

Porij deliver new single 'Unpredictable'

With their eagerly-awaited debut album landing next month, Porij have now dropped the next cut to be lifted from their forthcoming full-length.... 1 month 3 weeks ago

Låpsley returns with new single '4AM Ascension Day'

After the rousing response to her much-loved studio album 'Cautionary Tales Of Youth' last year, Låpsley has now returned once again to deliver a... 1 month 3 weeks ago

Jordan Rakei unveil new single 'Learning'

With his highly-anticipated new album set to land in the coming months, Jordan Rakei has now dropped the next cut to be lifted from his forthcoming... 1 month 3 weeks ago