Sales of Compilations Grow for First Time in a Decade

artist: Misc date: 04/30/2013 category: industry news

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Sales of Compilations Grow for First Time in a Decade
Sales of compilation albums are growing for the first time in a decade, hinting that streaming services like Spotify and YouTube aren't killing them off after all. Sales of albums which compile hit songs on one release had been falling since 2004 when they peaked at 39 million albums sold that year. It is assumed that the rise of iTunes and similar digital music stores meant that music fans could easily buy singles of their favorite hits - or simply pirate them from torrent websites. But now downloads seem to be boosting a revival of the compilation album, with digital sales accounting for 23.5 percent of their sales, according to NME. A study in Britain shows that sales of compilations grew by 7.2 percent to 20.6 million in 2010 compared to the previous year. The most popular compilations are of hit songs and dance tracks, but the Olympic Opening ceremony soundtrack "Isles of Wonder" gave the format a boost too. If you're thinking the Olympic soundtrack is the only reason that 2012 was a good year for compilations, don't be such a cynic - 2013 sales are looking good too, and are doing even better than 2012 so far. Would you buy a metal music compilation, or do you prefer checking out online playlists like the weekly UG playlist every Thursday? Let us know in the comments.
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