the industry

Nielsen Report: Yep, Music Industry Doing Terribly

Billboard has the numbers from a state-of-the-music-industry report the fine folks at Nielsen presented at the NARM Conference last month, and they are surprisingly promising … just kidding, they’re terrible! In 2009, the total number of new releases decreased, the average second-week sales fade increased to 62.8 percent, only 771 new albums managed to crack 5,000 copies, and only twelve new albums sold over a million. On the plus side, we hear the cream-cheese spread at NARM was awesome this year. [Billboard.biz]

Nielsen Report: Yep, Music Industry Doing Terribly