2008 Music Sales Less Than Encouraging For Artists
Music sales have been in steady decline, in my opinion, since the week of March 21, 2000. It was on that Tuesday that 'N Sync'sNo Strings Attached
was released, going on to sell 2.4 million --
-- copies in it's first week. No album has been able to come near that, and no album never will. Shawn Fanning and Napster came along and revolutionized how we got our music, and even though the file-sharing program was unceremoniously ended by Satan's Bastard -- sorry, Lars Ulrich -- it's imprint lives on today.
- 110 out of more than 115,000 albums released sold more than 250,000 copies
- 1,500 albums sold more than 10,000 copies
- Fewer than 6,000 sold more than 1,000
It's a pretty bleak scenario, but there is positive connotations for all of this. Artists will simply have to look to alternate methods for actually making money off of their music. Live shows, merchandise, licensing songs to commercials, ring tones and so on will become the bulk of a band's income.
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