dock98 Posted January 5, 2008 Share Posted January 5, 2008 LOS ANGELES, Jan 3 (Reuters) - If only Christmas came a few times a year for the fast-fading U.S. music industry.Total album sales plunged 15 percent in 2007, and retailers waited until October for the year's top release, California tenor Josh Groban's holiday-themed "Noel," according to sales data issued on Thursday by industry tracker Nielsen SoundScan.Sales of physical and digital albums tumbled to 500.5 million units, as the music industry was pillaged by piracy and competition from other forms of entertainment like videogames, industry experts said.It marked the lowest tally and the steepest decline since Nielsen began publishing estimates based on point-of-sales data in 1993, a spokeswoman said. The peak year in that time was 2000, when sales reached 785 million units. full article: Link to comment Share on other sites More sharing options...
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