Album Sales Drop, Hip-Hop Surges as Pandemic Colors Nielsen Music/MRC Data's Midyear Report: Analysis

Reading now: 145

On-demand streaming thrived, rock hit rock bottom and vinyl album sales enjoyed double-digit growth in the first half of 2020.

At midyear with 361.2 million album audio consumption units, the U.S. music industry posted a 9.4% increase from the 330.3 million units tallied by half time 2019, despite having to overcome a bigger-than-expected drop in physical music formats due to the COVID-19 economic downturn, according to a new Nielsen Music/MRC Data report.

Within that, audio on-demand streaming continues to enjoy robust growth due to building at a 16.2% pace for the first half of the year to 419.82 billion streams.

Read more on billboard.com
The website celebsbar.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA