Scary music biz numbers

I have long admired the work of Paul Resnikoff over at Digital Music News. Impartial, well balanced and thoughtful analysis of the music of business … er, music business.

As I played music my whole life and worked in the industry for more than a decade I have more than a passing interest in music biz fortunes.

Anyhow, Resnikoff published a few stats presented at New Music Seminar in New York. Scary numbers that will parallel in the book biz as more and more digital content goes online:

  • Albums that sold at least one copy in 2009: 98,000

  • Albums selling more than 10,000 units in 2009: 1,319

  • Albums selling more than 10,000 units in 2008: 1,515

  • Albums selling more than 250,000 units in 2009: 85

  • Albums selling more than 250,000 units in 2001: 214

  • Albums selling more than 5,000 units in 2009: 2,058

  • Albums selling under than 1,000 units in their first year of release: 92,601

  • Number of albums selling less than 100 copies in 2009: 81,000

Paul recently added a discussion/forum to his site, which you’ll find here:
http://digitalmusicnews.com/stories/072110nmsstats

rcadmin

rcadmin

Founder guy. <a>@sallycollings</a> fan + <a href="https://twitter.com/f1">@F1</a>. Foodie. Muso. Tech. Tunes. Words. Aussie!

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