Catalogue Now Outsells New Music Sales For First Half Of 2017 - Noise11.com
Ed Sheeran Divide

Ed Sheeran Divide

Catalogue Now Outsells New Music Sales For First Half Of 2017

by Roger Wink, VVN Music on July 6, 2017

in News,Noise Pro

The sales and listening of recorded albums continues to drop according to Buzz Angle Music but, of the LPs that have been purchased or streamed, almost two-thirds were catalogue product.

Albums sales, including streaming equivalent sales, are down 13.9% in the first half of 2017 compared to the first half of 2016. The purchasing of downloaded digital albums took the biggest hit, down 24.3% while physical album sales was only down 2.9% meaning people still want to be able to hold their music in their hands.

CD sales were down just 3.9% from 37.4 million to 35.9 million while vinyl albums continue to grow with a 20.4% increase from 3 million to 3.6 million.

Even more telling is the fact that people are much more interested in buying classic albums than anything recent. Overall, catalog albums (catalog plus deep catalog) makes up 62.9% of the market while new and recent music only gets 37.1%. When limited to just physical albums, catalog takes 63.7% compared to 36.3% for recent product.

As has been the trend over the last decade, the cherry picking of specific cuts off of albums continues to grow, up 29.5% year-to-year. Catalog once again leads the way with 59.7% of sales versus 40.3% for newer songs.

Then there is the streaming revolution. Consumption of on-demand audio streams was up a whopping 58.5% with 141 billion streams through subscriptions and 38.5 billion on ad-supported services.

Hip-Hop/Rap leads all other genres in albums sales:

Hip-Hop/Rap – 20.6% of the market
Pop – 14.3%
R&B – 9.3%
Latin – 8.5%
Country – 8.0%
Rock – 7.3%
Alternative – 5.8%
Indie Rock – 4.4%
Dance – 2.9%
Metal – 2.7%

Note that Buzz Angle breaks down rock into a number of different genres; however, if you add together the market share for rock, alternative, indie rock, metal and punk, rock as a general genre comprises 22.7% of the market.

Ed Sheeran has the top selling album so far this year with Divide, with 1.7 million including 710 thousand in sales, 3.8 million in individual tracks purchased and 946 million streams. He’s followed by Kendrick Lamar, Drake, Bruno Mars and The Weeknd. No veteran artist is in the top 25 overall when all forms of consumption are used.

When pure album sales are just used, Sheeran is still at number 1 but veterans fare better with Guardians of the Galaxy, Vol. 2 at 8 (337 thousand), Metallica’s Hardwired…To Self Destruct at number 10 (300 thousand), Guardians of the Galaxy, Vol. 1 at 20 (194 thousand), Keith Urban’s Ripcord at 21 (187 thousand) and Reba McEntire’s Sing It Now: Songs of Hope and Faith at 25 (165 thousand).

In vinyl album sale, the soundtrack to La La Land leads the way with 29.1 thousand followed by Guardians of the Galaxy, Vol. 1 (28.8 thousand), Bob Marley & the Wailer’s Legend (23.6 thousand), Amy Winehouse’s Back to Black (21.2 thousand) and the Beatles’ Abbey Road (19.6 thousand).

Ed Sheeran also heads Album Sales by Artist with 823 thousand but Metallica is not far behind at 706 thousand. Kendrick Lamar, Chris Stapleton and Bruno Mars fill out the top five while Garth Brooks is at 7 and the Beatles at 8.

vvnmusic.com

Comments

comments

Related Posts

DJ Khaled
DJ Khaled Teases New Album

DJ Khaled's new album is “98 per cent done.” He is gearing up to release his 12th studio album, 'Khaled Khaled', which takes its name from his real moniker, Khaled Mohamed Khaled.

11 hours ago
Macklemore & Ryan Lewis perform in Melbourne at Rod Laver Arena on Friday 5 August 2016 as part of their This Unruly Mess I've Made World Tour. Photo Ros O'Gorman
Macklemore To A Father For Third Time

Rapper Macklemore is preparing to welcome his third child this summer.

13 hours ago
Justin-Bieber-performs-at-Cockatoo-Island-photo-by-Ros-OGorman
Justin Bieber Plays School Concert In LA

Justin Bieber delighted elementary school children in Los Angeles on Thursday by staging a surprise mini-concert outdoors.

1 day ago
Justin Bieber in Sydney
Australian Charts: Justin Bieber ‘Justice’ Is No 1

Justin Bieber returns to the No.1 spot this week with his sixth album "Justice" for a second week at the top in Australia.

2 days ago
Taylor Swift photo by Ros O'Gorman
Taylor Swift Previews Colbie Caillat Duet

Taylor Swift is dropping reworked Fearless tracks left, right, and centre as she prepares to re-release the album on Friday.

4 days ago
Taylor Swift photo by Ros O'Gorman
Taylor Swift Reissues Joe Jonas Breakup Song

Taylor Swift has revisited her split from Joe Jonas for the latest From the Vault gem ahead of her Fearless album re-release on Friday.

5 days ago
London Grammar
London Grammar To Tour Australia In 2022

London Grammar have locked in Australian dates for early 2022 off the back of their third album ‘California Soul’.

5 days ago