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Subject Oldies are the Goodies: ‘Old’ albums now outsell new albums on iTunes in America

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Original Message "They don’t make ‘em like they used to: MBW has discovered that ‘new’ albums were outsold by ‘old’ (catalogue) albums online in the US for the first time in 2014.

The feat of catalogue albums outselling frontline releases was first achieved back in 2012, but that was a momentary blip; it’s never taken place over a whole year before."

[link to www.musicbusinessworldwide.com]

Old album sales a 'worrying trend' for music industry

Expert says catalogue albums outsold new records on iTunes for the 1st time in 2014

'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.

[link to www.guitarwall.net]

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