Skip to main content

Traditional Music Album Sales Slide Again

According to the Hollywood Reporter, a sluggish release schedule during the past three months has led to a major crash in album sales so far this year. That opinion is based upon research figures presented at the National Association of Recording Merchandisers convention.

The sobering numbers were shared at a session conducted by Rob Sisco, president of Nielsen Music, and Chris Muratore, director of retail relations and research services for Nielsen Entertainment. Nielsen is a sister company of The Hollywood Reporter.

The research executives noted that album sales declined 1.7 percent during the first four months of this year However, from May to July, album sales plummeted 10 percent, culminating two weeks ago in the lowest week for total album sales (8.9 million) since January 1994 and the second-worst total since Nielsen SoundScan began tracking sales in 1991.

Popular posts from this blog

The AI Application Integration Challenge

Artificial intelligence (AI) has rapidly become the defining force in business technology development, but integrating AI into applications remains a formidable challenge. According to a recent Gartner survey, 77 percent of engineering leaders identify AI integration in apps as a major hurdle for their organizations. As demand for AI-powered solutions accelerates across every industry, understanding the tools, the barriers, and the opportunities is essential for business and technology leaders seeking to evolve. The Gartner survey highlights a key trend: while AI’s potential is widely recognized, the path to useful integration is anything but straightforward. IT leaders cite complexities in embedding AI models into existing software, managing data pipelines, ensuring security, and maintaining compliance as persistent obstacles. These challenges are compounded by a shortage of skilled AI engineers and the rapid evolution of AI technologies, which can outpace organizational readiness and...