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
than1,000 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:
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