Nov 26th, 2007 // 2 Comments

“Year-to-date, album sales are off around 14 percent, with over 400 million albums sold, according to Nielsen SoundScan. Factoring in sales of individual song downloads, sales are still off around 9 percent. To keep pace with 2006′s full-year total of 588.2 million albums sold, the industry needs to sell over 150 million albums in less than six weeks. ” [NYP]

  1. loudersoft

    note to record labels: this is *NOT* a signal for you to rush out and sign the next Hannah Montana and Soulja Boy Tell Em’s.

  2. Chris Molanphy

    It’s a Tower-size hole, and then some.

    If Virgin disappears after this holiday season, there’ll be another double-digit drop for ’08. Hell, there might be one anyway, given the big boxes’ plans to shave their CD sections even further than they already have.

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