Search Results for: 2012

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 »

Green Day dominated the California Music Awards Saturday night (April 28) at the Henry J. Kaiser Arena in Oakland by earning so-called “Bammies” in all eight categories in which the group was nominated; including artist of the year, outstanding group, and outstanding album for Warning. Bassist Mike Dirnt and drummer Tre Cool both bested all comers in their individual instrument categories, while frontman Billie Joe Armstrong earned outstanding male vocalist honors and songwriting props over Neil Young, Aimee Mann, and others. The group also grabbed the award for outstanding punk/ska album for Warning. Other winners at the 24th annual celebration… Read more »

The dueling satellite radio companies need to rein in previous expectations, but they are still poised to create thriving new businesses that will challenge terrestrial radio, a new report suggests. In a research paper titled “Satellite Radio: Get Outta My Dreams, Get Into My Car,” Webnoize Inc. estimates that 19.1 million Americans will subscribe to either the XM Satellite Radio or the Sirius Satellite Radio service by 2005, representing 9.3% of the adult population in the United States. The study contradicts earlier estimates touted by the satellite radio industry. Various sources had predicted such lofty numbers as 42 million subscribers… Read more »