Classic Albums Selling More Than New Albums

. (Classic Rock) 'Old' albums outsold current releases on iTunes in America last year, new figures reveal. Music Business Worldwide reports that it is the first time catalogue releases have sold more than new albums over the course of a full year - with a previous victory for old records during one month in 2012 considered a "momentary blip."

One example of a catalogue album selling well is Tom Petty And The Heartbreakers' Greatest Hits - originally released in 1993 - which is currently in the iTunes top 100 albums chart.

Industry expert Tim Ingham says it's a worrying trend for the music business and adds that it's only a matter of time before catalogue records outsell new releases on physical formats such as CD and vinyl as well as online.

He says: "Such data asks two very clear questions of record labels: are people merely starting to consume their new music on streaming services rather than buying it in album form? Or are they increasingly less impressed with the new album releases that arrive year-in, year-out?" Read more here.

Classic Rock Magazine is an official news provider for antiMusic.com.
Copyright Classic Rock Magazine- Excerpted here with permission.

Tom Petty Music, DVDs, Books and more

Tom Petty T-shirts and Posters

Share this article

Share on Facebook Share on Twitter Share on Google+ Pin it Share on Reddit email this article


Day In Rock Reports

Follow Us: Facebook Twitter Feeds

Contact Us - Privacy - antiMusic Email - Why we are antiMusic

Copyright© 1998 - 2018 Iconoclast Entertainment Group All rights reserved.

Please click here for legal restrictions and terms of use applicable to this site. Use of this site signifies your agreement to the terms of use.