Old Albums Outselling New Releases

For the first time, old albums are outselling releases from the past 18 months, with Guns N' Roses among the best sellers.

Old Albums Outselling New Releases
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Sales of classic albums have overtaken new albums this year for the first time in history. 'Old albums' are classified as records that have been on sale for longer than 18 months. They sold 76.6 million over the last six months in the US, compared to 73.9 million new albums. The biggest sellers have been from Whitney Houston and Guns N' Roses, most likely because of the press surrounding Houston's death and Gn'R's induction to the Rock And Roll Hall Of Fame this year. Adele has been the strongest seller in the 'new albums' category. Nielson analyst David Bakula says that old albums sales have been boosted by retailers dropping the price of old records to around $5, which he thinks is bringing in brand new customers to the music world. "I really, truly do believe that there probably is a consumer that is buying music here that wasn't buying music in the past," he said (via NME). Digital sales are up by 17.3%, with single sales up by 6%, helping combat the decline in traditional CD sales. 93.6 million singles were sold in the first half of 2012, up from 88 million during the same period last year.

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    Abacus11
    retailers dropping the price of old records to around $5, which he thinks is bringing in brand new customers to the music world.
    Five bucks is so much more reasonable. Most people just can't drop $17 on a CD anymore.
    nnb
    iommi600 wrote: Inb4, tons of the same old "good because all music nowadays sucks hurp" talk.
    yeah cause albums released 18 months ago are so much better then the crap we get today.
    ne14t
    Saw Chinese Democracy in a Winners/Home Sense clearance bin for $4.99, still didn't buy it.
    Mind_Reader7
    'Old albums' are classified as records that have been on sale for longer than 18 months.
    Oh god, I'm 20 years old and all of my music is old. Could of sworn I was still hip.
    iommi600
    nnb wrote: yeah cause albums released 18 months ago are so much better then the crap we get today.
    I don't think that Whitney Houston and Guns N' Roses released any albums in the last 18 months, but fair enough...
    fuzzymunkee
    This is really misleading. Bands usually put out a record every few years so that is their only new album to buy. If you just get into a band that's been around for awhile, you can go out and buy all their previous records which there are obviously more of.
    stonedhippos
    ne14t wrote: Saw Chinese Democracy in a Winners/Home Sense clearance bin for $4.99, still didn't buy it.
    i saw it in a recycling bin. i still didn't buy it.
    spiff-corgi
    All I really buy is old albums. I tend to find an artist I like through youtube or this website and then work my way through their back catalogue. Most people buying new albums are browsing buyers that hear a song on the radio and decide out of the spur of the moment to buy an album, never buying a single album by this artist ever again for the rest of their lives. I know this cos it's exactly what my parents do. My mum apparently loves Lana Del Rey now. She'll probably listen to the album about 3 times.
    Root Beer
    I guess this is a good thing... I could practically count on one hand how many good albums came out in the last 18 months.
    Krieger91
    Seeming that this has in fact got to do with Houston's death and Guns N'Roses induction in to the Rock And Roll Hall Of Fame I can't see how this actually mean anything at all.
    vppark2
    razor888razor88 wrote: Its also because new music suck ass go old music I love it.
    Keep on living in the past then, my friend. Not ALL new music sucks.
    gibsonxgirl667
    ne14t wrote: Saw Chinese Democracy in a Winners/Home Sense clearance bin for $4.99, still didn't buy it.
    We had it at Best Buy for the longest time for 99 cents. I still don't think we got rid of them.
    theboss123
    CD's will always be better than a digital download for me. There is just some sort of feeling to know that you have a hard copy. You have the album artwork. With a digital download, if your computer crashes, you lose it all. With a CD, you can just put it back on to your computer.
    alfie9000
    I only buy loads of CDs because of the prices. two for a ten quid (HMV) Most of the time these albums are atleast five years old.I only buy a new album if I've heard a good section of it. else I'em just wasting money I could have spent on two classics
    ndrummerc
    Only makes sense, seeing as how there are an unlimited amount of albums that "have been on sale for at least 18 months"
    Firehawk2410
    I know people hate hearing "it's because the new stuff sucks" so I'm going to say that it's just that older records are just that good. For the past few months I've been going to Best Buy and buying brand new CDs for between $5-$8 each, since it's cheaper than buying a download. Most of my favorite bands have been around for 30-40 years so a lot of their original albums are dirt cheap now. It's just more economical than buying a collection or buying a bunch of singles for $1.29 each.
    EnglishToolRage
    - Sorry, misquote. That's One point five billion dollar industry, every six months, - not every one month... So... A three billion dollar a year industry, - just in the USA... - My point stands... Where's that fkn puppy...?
    Voodoochile711
    The reason GNR's old stuff is selling more than the new stuff is cuz the new stuff sucks, not because they got inducted into the Hall of Fame. No one even cares about the Hall of Fame.
    sacredsanity08
    I agree. I had a freind who bought chinese democracy listened to it and returned it for store credit so he could buy something worth the money. The Hall of Fame is really a Joke.
    swave75
    Krieger91 wrote: Seeming that this has in fact got to do with Houston's death and Guns N'Roses induction in to the Rock And Roll Hall Of Fame I can't see how this actually mean anything at all.
    I have bought zero albums from these two. I did buy Asia and Yes cds though.
    EnglishToolRage
    I'm sorry, - In the United States, alone, there is sold 150,000,000 albums each month... (Average, $10 per record, old and new = a $1,500,000,000.00 per month industry...) If I hear one more Tw-@! talk about piracy causing a decline in the music industry I'm'a smack a puppy for universal ballance... That's right... Smack a puppy...
    dr-g0nz0
    This just gives proof that todays music is a pile of sh*t. I for one prefer looking deep into the 70's archives rather than looking for new bands. Record companies make even less risks than they did before, so it's always the same sounding rubbish. You'll never find a modern day Captain Beefheart.
    Travis Tricky
    VinnyChinny wrote: Abacus11 wrote: retailers dropping the price of old records to around $5, which he thinks is bringing in brand new customers to the music world. Five bucks is so much more reasonable. Most people just can't drop $17 on a CD anymore. Woah CD's are $17? I've been getting all mine for 11.
    Where I'm at fresh releases are $11.99 - but releases that aren't brand new or in the bargain bin are (on average) $21.99-$24.99 (i.e. robbery) This is precisely why I don't buy a lot of new music right away. If I want it, I wait until there's a 2 for $10 sale. And really, if we're being honest, there are few albums I think are worth the full price of. I love the bands, and I love certain songs, but SOME albums on the whole aren't great (there are obvious exceptions) so I don't want to pay full price for the filler I don't want (and I don't like iTunes ... just don't trust them with my music purchases)
    bobmarley_fan
    I remember the reason I bought a c.d. player when they first came out. I was very hesitant at first because cassettes only cost 8 bucks compared to c.d.'s, at the time, costing 15 to 20 bucks. Then I remember very distinctly a sony rep saying "The reason c.d.'s are the price that they are right now is because the installer base of c.d. players is not that great yet. Once we have a large installer base, you will see the price of c.d.'s drop to the price of cassettes." Damn Lier! Me and a friend was just talking about this at work. C.d.'s, DVD's nad bluerays cost a hell of a lot less to make than cassettes and VHS, but they charge you insane amounts because 1. They can 2. it is a new medium, everything will be made on it, including older material and 3. Why not have a profit margin of 82 to 85% instead of the 60 to 65% off album sales. This is why I never get upset seeing someone download a major label release. However, I will ALWAYS support underground or independent bands and labels.
    Skuzzmo
    vppark2 wrote: razor888razor88 wrote: Its also because new music suck ass go old music I love it. Keep on living in the past then, my friend. Not ALL new music sucks.
    19 years old...hmmmm lets see if you're saying the same thing in 20 years time....nah, **** it.... lets see if you're saying the same thing in 10 years time.
    Musical Meds
    hmm i think they might be on to something here. The main reason people download is because you go to HMV and the cd costs $14.99 or $19.99. $5.00 is nothin tho, you could get 4 for the price of 1. Sure the profit margin goes down, but more people are buyin right?
    vorakeyur
    vppark2 wrote: razor888razor88 wrote: Its also because new music suck ass go old music I love it. Keep on living in the past then, my friend. Not ALL new music sucks.
    Well in that case Keep on living in the crap present. We like it in the past where there actually was music.
    Rimfrost
    While i did buy Iamamiwhoami, Veronica Falls, Regina Spektors and Royal Thunders new 2012 albums i also bought 20 classic albums from the 70s and 80s. Its just a lot cheaper.
    DaniArrow
    i think it's 'cause old music is just better. not saying all new music is shit, but i'm fed up with overproduced mainstream crap. i want music with soul that's raw and straight forward. i'd rather hear hendrix f*ck up on one track than verse-chorus-copy-paste clean crap.
    VinnyChinny
    Abacus11 wrote: retailers dropping the price of old records to around $5, which he thinks is bringing in brand new customers to the music world. Five bucks is so much more reasonable. Most people just can't drop $17 on a CD anymore.
    Woah CD's are $17? I've been getting all mine for 11.
    Superperfex
    There has always been good music, and there has always been bad music. In every decade. You just have to know where to look my friends.
    saint_berzerker
    I'd say 5 bucks is about fair for a CD. I'd buy more of them if they were around that price. 12-15 dollars is just silly though for 40 mins of music.
    davyyy
    razor888razor88 wrote: Its also because new music suck ass go old music I love it.
    ctfod
    razor888razor88 wrote: Its also because new music suck ass go old music I love it.
    Yeah man I love Pat Boone and Cliff Richard, so much better than all this new bollocks
    blueboxdoctor
    Well considering a lot of new music isn't available in stores this isn't overly surprising. I end up having to get a lot of music either through digital download or online stores, depending on which has it, but I prefer stores since I like the physical copy. Best Buy is so random that they'll have the new Epica album but not the new Sonata Arctica one or Cheryl Cole, Paloma Faith, Imelda May, and a lot of others. Basically, new music isn't available in stores, so it's no surprise older music is taking over in sales.