The Chicago Tribune is reporting on the Future of Music summit which gives some hard numbers as to the state of music right now. Interestingly, the organizers have crunched the numbers to help give some indication of where album sales are right now.
More than 115,000 albums were released, but only 110 sold more than 250,000 copies, a mere 1,500 topped 10,000 sales, and fewer than 6,000 cracked the 1,000 barrier. As an exercise in extremes though, it’s worth noting that the Beatles managed to sell 2.25 million physical reissues of 40 year old albums in just five days. The legendary band is still not selling music digitally.
Check out the report here.
Source The Chicago Tribune is reporting on the Future of Music summit which gives some hard numbers as to the state of music right now. Interestingly, the organizers have crunched the numbers to help give some indication of where album sales are right now.
More than 115,000 albums were released, but only 110 sold more than 250,000 copies, a mere 1,500 topped 10,000 sales, and fewer than 6,000 cracked the 1,000 barrier. As an exercise in extremes though, it’s worth noting that the Beatles managed to sell 2.25 million physical reissues of 40 year old albums in just five days. The legendary band is still not selling music digitally.