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

Flying Lotus unveils Kendrick Lamar collaboration

After revealing his Herbie Hancock collaboration last month, producer Flying Lotus has now unveiled yet another team-up from his forthcoming new... 10 years 3 months ago

Faith No More announce first album in 18 years

After more than a decade since they first split up and nearly two since they last recorded new material, Faith No More have announced that a new... 10 years 3 months ago

The Coral to release "lost" album

Liverpudlian folk rockers The Coral have announced plans to release a formerly "lost" album from their achieve. The album 'The Curse Of Love' was... 10 years 3 months ago

TV On The Radio share new track 'Happy Idiot'

With New York band TV On The Radio due to release their first album in three years later this year, the band have now unveiled its lead single.... 10 years 3 months ago

Radiohead unveil new music via PolyFauna app

While they are planning to step into the studio very soon, Radiohead have now unveiled some new music via their PolyFauna app. The app has now... 10 years 3 months ago

Prince shares new single 'U Know'

Ahead of the release of two new albums later this month, Prince has unveiled the first single to be taken from his new solo record. The track 'U... 10 years 3 months ago

Kate Bush becomes first female artist to have eight albums in the top 40

Since returning to the stage for the first time in 35 years last week, Kate Bush has had a huge surge in sales of her discography, giving eight of... 10 years 3 months ago

Royal Blood top UK album charts

Brighton two-piece Royal Blood have topped the UK album charts this week with their self-titled debut album, making it the fastest selling rock... 10 years 3 months ago

Aphex Twin sets up 'SYRO' listening parties

Ahead of the release of his first album in 13 years next month, producer Aphex Twin has announced a series of listening parties to take place... 10 years 3 months ago