Search Results for: 2007

U.S. album sales plunged 9.5 percent last year from 2006, continuing a downward trend for the recording industry, despite a 45 percent surge in the sale of digital tracks, according to figures released Thursday. A total of 500.5 million albums sold as CDs, cassettes, LPs and other formats were purchased last year, down 15 percent from 2006’s unit total, said Nielsen SoundScan, which tracks point-of-purchase sales. The shortfall in album sales drops to 9.5 percent when sales of digital singles are counted as 10-track equivalent albums. About 844.2 million digital tracks sold in 2007, compared to 588.2 million in 2006,… Read more »

BoyGeniusReport revives earlier rumors that Apple and Jay-Z will be forming a record label around iTunes. They now expect this new record label to be launched at Macworld Expo 2008. This incarnation of the rumor, however, eliminates Beyonce’s involvement. The new report claims that a “high-up person” associated with Jay-Z has confirmed that plans are “a go”. BoyGeniusReport had previously discounted the July rumors based on a source close to both Jay-Z and Beyonce. Jay-Z recently stepped down as president of Def Jam records after his contract expired on December 31st, saying that “it’s time for me to take on… Read more »

Just when it seemed erosion of music sales during the holiday season couldn’t get worse, December snowstorms compounded the retail industry’s misery. Album sales for 2007 are now down 15.3% for the year, compared with 2006. But for the four weeks beginning with Thanksgiving week and ending December 26, U.S. album sales were down 20% to 84.2 million units from 105.3 million a year ago, according to Nielsen SoundScan. The last week before Christmas didn’t help matters much, with sales totaling 25.6 million vs. 31.3 million units in the same period last year. The season got off on the wrong… Read more »

High-priced reunion tours by the Police, Van Halen and Genesis failed to prevent the North American concert industry from posting its worst year since 2004, according to a music industry trade publication. The top 20 tours generated $996 million, down 15.6 percent from the year before, according to preliminary data issued on Friday by Pollstar, which covers the concert business. The previous low was $951.1 million in 2004, when Prince and Madonna topped the box office, it said. The comeback tour by Anglo-American rock trio the Police was the top draw this year with ticket sales of $131.9 million, followed… Read more »

Jack White has revealed he he is working on three albums. The White Stripes/Raconteurs man explained his current projects while discussing the fallout caused by his first band scrapping their the rest of their 2007 tour dates because drummer Meg White was suffering from acute anxiety. “Half of me was glad because I have three other records I’m working on, and I didn’t have any time to work on them,” he told the Seattle Times. “I was really getting worried that I might have to not do these things I wanted to do because of the touring.” White would not… Read more »

The Eagles have turned down an offer to perform at next year’s Super Bowl, saying they’d rather perform at Nashville’s Grand Ole Opry. Frontman Don Henley told the Associated Press that playing at the legendary country music venue “would be an honor,” but did not elaborate on his band’s decision to turn down the slot at the Super Bowl–the most-watched television event in the U.S. The Eagles seem to be drifting from classic rockers to country crooners. Their recent album Long Road Out Of Eden topped Billboard’s country music chart for four weeks in 2007. Henley said he was glad… Read more »

Ashlee Simpson is no more of a threat to Fall Out Boy’s success than Pete Wentz’s affinity for eyeliner. So says the band’s guitarist Joe Trohman, who didn’t take kindly to a New York Daily News gossip item about a source telling OK! that the younger Simpson sis was “poison” to the pop-punk rockers, and could possibly be part of the reason why 2007’s Infinity on High didn’t score any Grammy nods. The group’s “pal” reportedly told the magazine that Grammy voters have been put off by Simpson since she was caught lip-synching on Saturday Night Live in 2004. “This… Read more »

Las Vegas lore is littered with many end-of-an-era instances. The dissolution of the Rat Pack. The razing of the Sands Hotel. The annulment of Britney Spears and Jason Alexander’s 57-hour quickie marriage. And on December 15, 2007, Sin City bid yet another bittersweet goodbye: to Celine Dion, who ended her historic five-year, 717-show, $400 million-grossing run at Caesar’s Palace. Yes, apparently not everything that happens in Vegas stays in Vegas, as Celine has finally decided to move on after five years. (After all, she does have a new pop album, Taking Chances, to promote.) But it seems like only yesterday… Read more »