April 29, 2013 15:36

Sales of compilation albums grow for the first time in a decade

Streaming services like Spotify, iTunes and YouTube had been blamed for their demise

Sales of compilation albums grow for the first time in a decade
Sales of compilation albums have grown for the first time in a decade, suggesting that streaming services like YouTube, iTunes and Spotify might not be killing them off, as had been predicted.

According to The Guardian, more than 20.6m compilation albums were sold in Britain in 2012, up 7.2 per cent from 19.2m in 2011. Sales had been falling steadily since 2004 (bar a brief increase in 2007) when 39 million were sold. Downloads are powering the revival in the compilation album, accounting for 23.5 per cent of sales.

The 'Now That's What I Call Music!' series was, unsurprisingly, the most popular, taking nine places in the top 20 biggest selling compilations of 2012. The series turns 30 this year. Other big sellers came from Ministry of Sound and the Olympic Opening ceremony soundtrack 'Isles of Wonder'. Sales look positive into 2013 too, as the number of units shifted in the first three months of this year are up 11.8 per cent from the first quarter of 2012.

Last week – the world of online music discovery saw a new competitor in the market as Twitter launched a new music service, which will enable users able to keep a close track on the bands and artists being discussed on the social network. The new music app recommends tracks to users based on who they follow with songs being steamed directly via iTunes, Spotify and Rdio. No other streaming services are currently connected to the app. Users can get new music tips direct from the artists they follow and marks Twitter's biggest move toward incorporating music into its service since launching in 2006.

Read More On This Artist

More News
Beck walks with his past self and the Grim Reaper in video for 'Heart Is A Drum'
Mitch Winehouse to release new Amy Winehouse charity album
Metallica's Lars Ulrich tips AC/DC for next year's Glastonbury
Blink-182's Tom Delonge selling setlist from band's first ever gig
Damon Albarn: 'New Blur album may just be one of those records that never comes out'
BBC Radio 1 deny claims that La Roux was excluded from playlist for being 'too old'
Confusion surrounds Lil Wayne's involvement with Real Madrid footballer Cristiano Ronaldo
One Direction's Zayn Malik gets death threats after #FreePalestine tweet
Michelle Shocked releases silent album with tracks named after digital music executives
Further Ted Nugent casino performances cancelled over 'racist' comments
The Co-op staff complain as supermarket switches to only playing music by unsigned artists
Muse say 'heavy' new album will be released next summer
Lady Gaga appears as waitress in new 'Sin City' trailer – watch
Foo Fighters announce September live date at London's Olympic Park
Former Lostprophets member on Ian Watkins abuse: 'How could you know? How would you know?'
Pussy Riot to sue Russian government over imprisonment
Billy Bragg campaign successfully sees prisoners allowed steel-string guitars
Elbow frontman Guy Garvey discusses solo project
Paul McCartney to re-release Wings albums 'Venus and Mars' and 'At The Speed of...
Damon Albarn performs for robots in Japan
Finnish dog breeders name kennel after Oasis album
The Courteeners' Liam Fray: 'Brandon Flowers is the second best-looking man in rock...

More News

Comments

Please login to add your comment.

Featured Videos
Latest Tickets - Booking Now
 
Know Your NME
 

 
NME Store & Framed Prints
Most Read News
Popular This Week
Inside NME.COM
On NME.COM Today