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2011 Music Business Numbers
Album sales are up over 1% compared in 2011 comapred to 2010 which had a ~12% decline. (year over year 2009 to 2010)
Top Performers: (to the date of this writing) m=million k=thousands
ALBUM SALES
Adele “21” – 5.2m
Lady Gaga “Born This Way” – 2m
Michael Buble “Christmas” – 1.9m
Lil Wayne “Tha Carter IV” – 1.8m
Jay-Z and Kanye West “Watch The Throne” – 1.1m
Drake “Take Care” – 1m
Justin Bieber “Holiday CD” – 1m
Coldplay “Mylo Xyloto” – 877k
Scotty McCreery “Clear as Day” – 748k
Britney Spears “Femme Fatale” – 725k
Eric Church “Chief” – 504k
Black Keys “El Camino” – 465k
Red Hot Chili Peppers “I’m With You” – 458k
LMFAO “Sorry for Party Rocking” – 401k
Evanescence “Evanescence” – 284k
Blink 182 “Neighborhoods” – 259k
Daughtry “Break The Spell” – 240k
M83 “Hurry Up We’re Dreaming” – 40k
Hot Chelle Rae “Whatever” – 31k
SINGLE SALES
Adele “Rolling in the Deep” – 5.6m
LMFAO “Party Rock Anthem” – 4.5m
The Band Perry “If I Die Young” – 3.5m
Adele “Someone Like You” – 3.3m
LMFAO “Sexy and I Know It” – 2.5m
Hot Chelle Rae “Tonight Tonight” – 2.3m
TOURING
U2 – $293m
Lady Gaga – $75m
This is just a sampling of numbers grabbed from sources like Billboard, Nielsen Soundscan and the Hollywood Reporter. 2012 will be a huge year for CD’s transitioning to new solutions such as Spotify, Rdio, Last.fm among others. I imagine cd sales will slow down and will not be surprised to see overall album sales decline in the single digits percentage-wise. The reason being so many top acts put albums out this year that the industry will depend on emerging artists to, well, emerge and nothing unfortunately is guaranteed.
Touring was up about 10% across the board thanks to top heavy acts like Bon Jovi, Roger Waters, Lady Gaga and U2 to just name a couple. Overall this was a very good year for the music business even after EMI’ purchase brought us from four major labels to three.
Cross your fingers for me to be wrong in 2012 and the music industry to be headed in a continued positive direction. We all love music, to one degree or another, so lets continue supporting musicians by buying their albums, t-shirts and concert tickets. If you can do all three, great, if you can only do one of three, its much appreciated.
p.s. Eminem has the top selling record in 2010.
matt
ktcmgmt.com, killingthecabinet.com