Latest Episodes (click below to listen)

Latest Videos (click below to watch)

Saturday, January 4, 2014

Digital #Music Sales Went Down for the First Time Ever! What Gives?

by Nina Ulloa

Both digital tracks and digital albums saw a decrease this year, according to Nielsen SoundScan.

Digital track sales fell 1.34 billion in 2012 to 1.26 billion in 2013, a 5.7 percent decrease. Digital album sales fell from 117.7 million in 2012 to 117.6 million in 2013, a 0.1 percent decrease.

Presumably, streaming has taken a bite out of digital sales. Nielsen SoundScan hasn’t released yearly streaming numbers yet, but audio and video streams in the first half of 2013 were 24 percent higher than the first half of 2012. Executives are reportedly claiming that streaming income has made up for the loss in digital sales.

Overall album sales went down 8.4 percent this year. CD sales went down 14.5 percent. Vinyl sales increased 32 percent to 6 million.