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Friday, 17 October 2014

No one has a platinum album in 2014


No one has a platinum album in 2014

The decline in album sales is certainly nothing new, thanks to the smattering of streaming options now available to eager listeners. However, 2014 looks to be particularly awful. Forbes reports that nearly 10 months into the year, there has yet to be a platinum album — a release that sells 1 million copies. What’s more, only one has sold a million copies this year: the Frozen soundtrack. At this point in 2013, five different albums had hit that sales mark (Justin Timberlake’s The 20/20 Experience led the pack). How bad are the numbers? Well, the best-selling effort that was actually released in 2014 is fourth on the year’s sales tally (Eric Church’s Outsiders). And singles are seeing the same fate, albeit at a slower pace. So far, 60 tracks have sold a million — down from 83 at this point last year. As Forbes points out, sales usually see a boost during Q4 (holiday bump), but popular artists like Adele, Katy Perry and others capable of selling loads of albums don’t have new material on tap before the year’s end.


[Photo credit: Gabe Souza/Portland Press Herald via Getty Images]






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