Music industry figures have blamed a weak lineup of mainstream releases for a recent drop in UK music sales.
The sales decline comes after the industry praised a measly 0.3% rise in global music revenue
, which was widely seen as an exciting improvement on the 13 years of losses that preceded it.
Newly published figures from the Entertainment Retailers Association
yearbook (via Billboard
) reveal a 12% drop in total entertainment sales, which bundles music, video and game sales over the last year. 2012 music sales fell from £1.07 billion ($1.6 billion) to £1.01 billion ($1.51 billion) in 2012, demonstrating a massive decline compared to the 0.3% global revenue growth.
Industry observers blame the decline on a weak lineup of music releases and "structural changes
" in the music industry, which include the sale and merger of major labels.
"2012 suffered from a weak schedule across all entertainment formats. It was a particular blow to specialist entertainment retailers who are reliant on the quality of the product they are delivered,
" said ERA director Kim Bayley
Only one British artist, Emeli Sande
, sold more than one million units in 2012.
Digital sales aren't doing so bad; music downloads in the UK went up by 15.1% during the same period.