Sales Data & Stats – Page 7

Drake’s Album, Scorpion, Is Being Played 10 Million Times an Hour on Spotify

Drake is practically breaking Spotify at this stage with his just-released album, Scorpion. Ready to take back his crown, Drake is set to break Spotify’s all-time record for the most album streams on the day of release. The record was originally…

Hip$ters: Merlin Is Hitting $500 Million In Annual Indie Label Payouts

Major labels are still almighty — but indie labels are bringing in some serious business. Like, $500 million+ in annual business. Major labels still dominate streaming platforms and boast the biggest artists. But indie labels are gaining incre…

Universal Music UK Revenues Jump 9% In 2017

Universal Music UK reported their 2017 revenues of $458.55 million (£344.3 million), which is a year-on-year increase of 8.8%. The gross profit of Universal Music Operations Ltd stood at $142.33 million (£106.9 million) in the year, up 12.3 percent on …

What Really Makes BTS’ ‘Love Yourself 轉 Tear’ a Success? 100,000 Traditional Album Sales

Streaming doesn’t pay, right? Not if it comes with millions of plays — and tons of traditional album sales. Which is exactly what’s happening on BTS’ Love Yourself 轉 ‘Tear’. BTS has been crushing records for years, and r…

Collectively, Indie Labels are Now Bigger Than Any Major Label

Indie labels are now outranking major labels in terms of total marketshare. In fact, this is the second-straight year that’s happened. Universal Music Group is a giant major label valued at nearly $40 million. But maybe indie labels are worth m…

The Right Song at the Right Time: Childish Gambino’s ‘This Is America’ Sparks Renewed Interest in Gambino’s Entire Music Catalog

If you use YouTube in any capacity, no doubt you’ve at least come across the music video for Donald Glover’s (aka Childish Gambino’s) latest music video ‘This Is America’. It’s a song that acts as a political comment…

YouTube Music Launches Brand-New Charts In 44 Different Countries

YouTube wants to showcase and celebrate the hottest artists, songs and music videos from around the world. Here’s how they’re going to do it. Today, YouTube is introducing a new and improved music charts experience for 44 global desti…

YouTube Music Launches Brand-New Charts In 44 Different Countries

Record Store Day Smashes Its Own One-Day Record – Nearly 750,000 LPs Sold

Thanks to independent record stores, Record Store Day 2018 was a massive success. Nielsen Music has released its report on Record Store Day 2018. Held on April 21st, the 11th annual edition yielded a whopping 733,000 vinyl albums sold for the week end…

For the First Time Ever, Streaming Surpasses CDs as the Largest Music Format Worldwide

While CDs will likely go the way of the dodo very soon, the music industry remains in full recovery mode. According to a new report by the International Federation of the Phonographic Industry (IFPI), the global recorded music market grew 8.1% in 2017….