Future of music albums uncertain as sales decline
Do you remember the excitement of listening to a great album for the first time? Discovering a large collection of songs is one of the best joys in the life of a music lover. That’s it was one of the greatest joys. Fans might see fewer albums in the not-so-distant future.
According to the Recording Industry Association of America (RIAA) mid-year report, album sales are down. The first half of 2018 saw them fall by 25.8% compared to last year. If this continues, this year album sales will be cut in half.
Physical CDs are one of the most obvious casualties, which saw their sales revenue drop 41.5% in the first half of 2018. This is a massive change from a 6.5% drop. in 2017.
It doesn’t help that music superstars like Drake, Cardi B, Kanye West, and Eminem are releasing digitally anticipated LPs first. The most popular names in hip-hop seem to prefer digital streaming and see more traffic for it. However, it seems to change our relationship with music.
The most compelling proof of this comes from the Spotify monitor, Kworb. Data from there, crunched by Tim Ingham, shows 82% of Drake’s new album streams Scorpio come from only six pieces. For an album of 25 tracks, 19 songs get 18% of the traffic.
Is this a sign that we are becoming less attached to our music? Or have we always played favorites with parts of the albums? Only time will tell what awaits the faithful LP and what the future of musical releases has in store for us.
Do you think the albums will be saved? Or do you see EPs and singles taking over from musical releases? Let us know on Twitter, @DanceMusicNW!