‘Hits’ Says Next Week Looks Rough

Oct 19th, 2007 // 3 Comments

hayleymills.jpgIndustry gossip rag Hits‘ preliminary sales reports indicate that next week’s SoundScan charts will look pretty rough: “As we go into the weekend, it appears that not one album on next Tuesday’s chart will even approach six figures. Columbia’s Bruce Springsteen will return to the top spot with 70-75k, followed by this week’s #1, Atlantic’s Kid Rock, with 65-70k.” Cheer up, everybody: At least Magic’s soft one-week sales won’t be the worst total by a No. 1 album this year! Right? Guys? Where are you all going? [Hits via The Daily Swarm]

  1. Chris Molanphy

    So much for the early-fall comeback. For a while, the weekly shortfalls from year-ago numbers were getting down toward the mid-single-digits, especially after the big Super Tuesday stunt with Kanye et al. But for the last couple of weeks, the shortfalls from comparable 2006 numbers have been back above 15%, and next week I won’t be surprised if the shortfall tops 20%.

    The really interesting thing on HITS is a multi-person thread asking “What went wrong?!” It contains responses/mini-blog-posts that’re all from industry people; so of course, several of them immediately rush to the consumers-are-thieves trope. But at least one guy in there points out the silver lining: eventually, the industry might shake off all the multinational corporations that bought into, and wrecked, the industry, leaving only the passionate people who just have to make (and props to indie labels, sell) music — because they can’t imagine their life without it. Here’s hoping.

  2. Chris N.

    This week and last should have a Radiohead-shaped asterisk next to them.

  3. Chris Molanphy

    Update: I think HITS must’ve been sleeping on the release schedule, because I just picked up the new Billboard and they do expect one album to top 100K next week: Jimmy Eat World’s vag-tastic new album. It’ll be their first No. 1.

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