Adele, Swift soar as US digital music sales sing

Jan 04, 2013
A model listens to music on her iPod backstage during Olympus Fashion Week in New York on September 15, 2005. Music sales in the United States hit a new high in 2012 powered by demand for digital downloads, according to figures released Friday by industry tracker Nielsen.

Music sales in the United States hit a new high in 2012 powered by demand for digital downloads, according to figures released Friday by industry tracker Nielsen.

The overall number of purchases—, single tracks, or albums—topped 1.66 billion in a 3.1 percent climb from a record set in the year 2011, according to Nielsen David Bakula.

The gain was "driven by digital music sales, which continue be a key growth within the market," Bakula said.

Sales of digital albums jumped 14.1 percent and track sales were up 5.1 percent.

However, physical mediums still accounted for the bulk of business despite slipping 12.8 percent from the prior year, Nielsen reported.

Compact disks continued to exit the music stage, with sales dropping 13 percent. A retro trend back toward vinyl albums was evidenced by a 17.7 percent surge in sales of music in that old-school format.

"The big artist stories of the year are Adele and Taylor Swift," said Bakula.

Singer Adele's album, "21," is the first album ever to be the top seller of the year for two consecutive years, according to .

Swift's album "Red" sold more than 3.1 million copies in 10 weeks, debuting with the highest weekly sales of any title since 2002, Bakula said.

Explore further: EU Parliament votes to break up Google

add to favorites email to friend print save as pdf

Related Stories

US album sales rise for first time since 2004

Jan 05, 2012

(AP) -- U.S. album sales rose more than 3 percent last year for the first gain since 2004 - a sign that rising digital sales are finally stemming the decade-long decline of compact discs.

Digital music sales 'to nearly equal CDs next year'

Aug 18, 2009

Compact discs accounted for 65 percent of US music sales in the first half of 2009 but digital downloads are expected to nearly equal CD sales by the end of next year, market research firm NPD Group said Tuesday.

Apple, labels work on album 'Cocktail'

Jul 27, 2009

(AP) -- Apple Inc. and the four major recording labels are working on launching a music offering code-named "Cocktail" that aims to add value to digital albums sold on the online iTunes Store.

Warner Music says 4Q revenue grew, losses shrank

Dec 13, 2012

(AP)—Warner Music Group Corp., the third largest recording company in the U.S., says quarterly revenue grew for the first time in five quarters in the three months through September as sales grew of both digital music and ...

Recommended for you

EU Parliament votes to break up Google

14 hours ago

The European Parliament voted overwhelmingly for the break-up of Google Thursday in a largely symbolic vote that nevertheless cast another blow in the four-year standoff between Brussels and the US Internet ...

Toyota finds new air bag issue, recalls more cars

18 hours ago

Toyota Motor Corp. recalled more than 40,000 vehicles in Japan on Thursday as part of a worldwide scare over defective air bags and is investigating a new type of air bag problem that could lead to further recalls.

Netflix sues Yahoo CIO for alleged kickbacks

Nov 26, 2014

Netflix is suing a former company vice president who is now chief information officer at Yahoo, accusing him of receiving money from vendors he hired to work with the video streaming company.

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.