New York, NY (January 5, 2007)–Billboard reported on the Nielsen year-end record sales data yesterday: overall album sales dropped 5 percent to 588.1 million units in 2006, “the combined total with digital tracks reached nearly 1.2 billion units, a 20.8 increase from last year’s 1 billion units of various music configurations.”
According to Billboard’s report, digital tallies follow the formula of 10 digital track downloads equaling one album, thus the 582 million digital track downloads last year translates to 58.2 million albums, giving overall albums a total of 646.4 million units. Still, the overall 2006 total of 646.4 million is a drop of 1.2 percent from 2005’s overall album sales (of 654.1 million).
Record label results look like this: Universal Music Group remains the top distributor with 31.6 percent marketshare, down a tick from last year’s 31.7 percent. Sony BMG Music Entertainment was down slightly from last year, finishing with 27.4 percent. Rounding out the majors, Warner Music Group placed third with 18.1 percent and EMI Music finished with 10.2 percent. The independents, excluding the indie distributors owned by the majors, hold 12.6 percent.
The best selling title of the year was the High School Musical soundtrack, which moved 3.7 million units, and the top selling artist was Rascal Flatts, which sold 3.5 million units of Me and My Gang. The only other album to break the 3 million unit mark last year was Carrie Underwood’s Some Hearts.
Check out the whole article at: www.billboard.com