| ALBUM SALES DOWN IN 2012, BUT DIGITAL SHOWS A HEALTHY BOOST: Album sales fell 4.4% in 2012, reversing a brief uptick in 2011, but there were still bright spots in the U.S. music industry, including a continued healthy growth of digital-track sales that indicate a steady long-term turnaround for the business, according to Nielsen SoundScan's year-end tally. |
| UNIVERSAL MUSIC STILL MARKET TOP DOG IN 2012: Universal Music Group managed to fend off a charge from Sony Music Entertainment, beating the latter company out in market share last year, according to Nielsen SoundScan data. For the year, UMG boasted market share album plus track equivalent ones (whereby 10 tracks equals one album) of 32.8%, versus Sony's 29.1% thanks to the addition of EMI Music scans for the last quarter of the year. |
| INTERNET RADIO FAIRNESS ACT SLIPS INTO HIBERNATION: Despite some triumphant claims on Twitter, the Internet Radio Fairness Act isn't really dead. It's just hibernating. IRFA was unlikely to be passed before the 113th Congress which was sworn in today; instead, it set up a political fight that is expected to carry on for years. |
| TAYLOR SWIFT TOPS BILLBOARD 200; 'LES MISERABLE' SDTK AIMING FOR NO. 1: Taylor Swift's "Red" album spent a seventh nonconsecutive week at No. 1 on the Billboard 200 while the " Les Miserables" soundtrack made a stunning jump this week from No. 33 to No. 2. In what should be a slower January sales week, 'Les Mis' could top next week's tally. |
| RECORD-BREAKING 55.74 MILLION DIGITAL SONGS SOLD LAST WEEK: A record-breaking 55.74 million digital songs were sold last week -- the single-largest week for download song sales ever according to Nielsen SoundScan. Led by Taylor Swift's "I Knew You Were Trouble, the week beats the previous record of 47.73 million sold during the week ending Dec. 28, 2008. And you can thank gift cards and the calendar for that... |
| LIBERTY MEDIA GETS FCC APPROVAL TO TAKE OVER SIRIUSXM LICENSES: Liberty Media has all but taken control of SiriusXM Radio. The conglomerate said late Thursday it has received approval from the FCC for its request for the "transfer of de jure control" of the satellite-radio firm, and it expects the complete transfer to occur within 60 days. |
| ADELE'S '21' 2012'S BEST SELLING ALBUM; GOTYE HAS TOP SONG: For the first time since Nielsen SoundScan began tracking music sales in 1991, the same album finishes as the United States' best-seller for a second year. Adele's "21" triumphed in 2011 and ruled again in 2012. Gotye's "Somebody That I Used to Know" (featuring Kimbra) is 2012's top selling digital song, with 6.80 million sold while Carly Rae Jepsen's "Call Me Maybe" finishes in second place. |
TWITTER RUMORED TO BE PREPARING FOR 2014 IPO: The shuffling around of the firm's top-deck executives all point to a readying for the public. And Twitter's worth? $11 billion, apparently. An analytic report from a firm used to sizing up businesses on their way to an IPO is suggesting that Twitter will float in 2014. Greencrest Capital, which has been vocal in its support of recent tech IPOs such as Facebook and Zynga struck a note of caution, however.
THE XX LEAD UK'S VINYL ALBUM SALES RESURGENCE: Sales of vinyl LPs have grown for the fifth successive year, according to the British Phonographic Industry ( BPI). Coexist, the second album by The xx, was the best-selling vinyl album of 2012. In second place was the 2012 re-release of David Bowie's The Rise And Fall Of Ziggy Stardust And The Spiders From Mars. A total of 389,000 LPs were sold in 2012 - an increase of 15.3% compared with 2011.
WOMEN'S MUSIC BUSINESS ASSOCIATION ELECTS 2013 OFFICERS: New officers and chairmen have been announced for the 2013 Women's Music Business Association season. The non-profit organization, which promotes and creates opportunities for women within the music industry, has elected BMI's Trina Lloyd-Weidner as president, and Revolution Pr's Becky Lynn Street As Vice President. Other officers include Flood, Bumstead, Mccready & Mccarthy's Amery Fridenstine as treasure and Horipro Entertainment Group's Raeanna Mowl as secretary.
All Access Music Group
UNWIELDY CES REMAINS A BIG DEAL, BUT NOT FOR THE REASONS YOU THINK: The Consumer Electronics Association expects more than 150,000 people to attend its Consumer Electronics Show (CES) , which begins Tuesday. Some 3,000 companies will fill more than 1.9 million square feet of exhibit space. Then there's all the action behind the scenes, the countless numbers of meetings, roundtables and mini-expos in hotel suites and banquet rooms throughout the city. It's too much for journalists and analysts to take in, and it's too easy for companies to see their message lost amid the noise. None of this means CES is losing its relevance, however.
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