Thursday, May 23, 2024

Taylor Swift Sells Another 400K Albums– Without Her there is No Record Business

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Taylor Swift sold another 400,000 albums last week. Her “1989” was number 1 again. The number 2 album– a collection of recent radio hits– sold 60,000 copies. Bette Midler finished third with 40K. The albums from 2 through 10 sold a total of 300,000. That’s 100,000 less than Swift. The rest of the top 50 was a total bust. But it did have familiar names: Neil Young, Paul McCartney, Led Zeppelin, Bob Dylan, Bob Seger and the Doobie Brothers. None of it sold much or was played on the radio. What the list lacks, except for Columbia’s Hozier, is a breakthrough act or acts of quality that catalyze the audience or this generation. The record business is basically out of business when the 50th best selling album moves only 7,000  copies. Spotify is fun. But if the music or the acts meant anything, Spotify wouldn’t matter. The emotional connection to the music is gone.

Here’s my single of the week, by Chris Koza (thanks to Jonathan Clarke at q104.3 for playing this on Sunday night);

 

 

Roger Friedman
Roger Friedmanhttps://www.showbiz411.com
Roger Friedman began his Showbiz411 column in April 2009 after 10 years with Fox News, where he created the Fox411 column. His movie reviews are carried by Rotten Tomatoes, and he is a member of both the movie and TV branches of the Critics Choice Awards. His articles have appeared in dozens of publications over the years including New York Magazine, where he wrote the Intelligencer column in the mid 90s and covered the OJ Simpson trial, and Fox News (when it wasn't so crazy) where he covered Michael Jackson. He is also the writer and co-producer of "Only the Strong Survive," a selection of the Cannes, Sundance, and Telluride Film festivals, directed by DA Pennebaker and Chris Hegedus.
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