|
|
Post by areyoureadytojump on Jan 18, 2016 12:53:04 GMT -5
The article has some good bar graph charts. blog.eil.com/2016/01/18/reissues-overtake-new-releases-for-the-first-time-since-records-began/ Reissues Overtake New Releases For The First Time Since Records BeganJanuary 18, 2016 Tim Card Collecting Advice, eil.com News, Music News, Rare Vinyl & CDs, Record Collecting News, Uncategorized 0 ©-The-Vinyl-Factory-Mega-Record-Fair-Utrecht-2015-Photography-Anton-Spice_0000_Brightness_Contrast-2-665x400 Reissues storm the market. 2015 will go down as the first year in which total reissue sales overtook those of current releases. According to Nielsen Soundscan, physical catalogue albums – defined as any release over 18 months old – shifted 71.2m units compared with 65.8m units for current albums. To put those stats into context: a decade ago, when records began, current CD and vinyl sales outsold catalogue items by over 150 million copies. It makes sense then that the list of 2015’s biggest selling vinyl albums was loaded with back catalogue items by Pink Floyd, The Beatles, Miles Davis and the usual suspects. There’s still hope though because at the very top of that list, new releases dominated. As previouslyreported, Adele’s 25 was best selling vinyl release of the year by a long way, followed by Taylor Swift’s 1989. In terms of digital album sales, current albums were still slightly ahead of reissues – a reversal of 2014’s data, when new releases dipped below catalogue items for the very first time. Overall, total reissue sales (digital and physical) overtook new releases with LP sales leading the charge. Check out the chart below to see how the balance of power has shifted. |
|
|
|
Post by KeepDeanWeird on Jan 18, 2016 13:41:52 GMT -5
The article has some good bar graph charts. blog.eil.com/2016/01/18/reissues-overtake-new-releases-for-the-first-time-since-records-began/ Reissues Overtake New Releases For The First Time Since Records BeganJanuary 18, 2016 Tim Card Collecting Advice, eil.com News, Music News, Rare Vinyl & CDs, Record Collecting News, Uncategorized 0 ©-The-Vinyl-Factory-Mega-Record-Fair-Utrecht-2015-Photography-Anton-Spice_0000_Brightness_Contrast-2-665x400 Reissues storm the market. 2015 will go down as the first year in which total reissue sales overtook those of current releases. According to Nielsen Soundscan, physical catalogue albums – defined as any release over 18 months old – shifted 71.2m units compared with 65.8m units for current albums. To put those stats into context: a decade ago, when records began, current CD and vinyl sales outsold catalogue items by over 150 million copies. It makes sense then that the list of 2015’s biggest selling vinyl albums was loaded with back catalogue items by Pink Floyd, The Beatles, Miles Davis and the usual suspects. There’s still hope though because at the very top of that list, new releases dominated. As previouslyreported, Adele’s 25 was best selling vinyl release of the year by a long way, followed by Taylor Swift’s 1989. In terms of digital album sales, current albums were still slightly ahead of reissues – a reversal of 2014’s data, when new releases dipped below catalogue items for the very first time. Overall, total reissue sales (digital and physical) overtook new releases with LP sales leading the charge. Check out the chart below to see how the balance of power has shifted. It sure helps when the online retailers are constantly discounting catalogue releases: Google Play has multiple .99 cent sales (like now) + a lot of 4.99 - 6.99; Amazon's monthly $5 (more than 1,000 now); and iTunes $6.99. I've been using targeted sales to replace and get rid of certain CDs, which are in storage anyway. Some of it is redundant between Spotify and Amazon Prime music, but I still like 'owning' certain music. |
|
|
|
Post by areyoureadytojump on Jan 24, 2016 15:20:48 GMT -5
And Adele scared away 2015 album releases by Drake, Kanye West, Rihanna and Beyonce.
|
|
|
|
Post by KeepDeanWeird on Jan 24, 2016 16:49:48 GMT -5
And Adele scared away 2015 album releases by Drake, Kanye West, Rihanna and Beyonce. True, but that 5.4MM gap wouldn't have been made up by those four releases - plus I'd be willing to bet that all those artists catalogs would've received a boost from the additional visibility/hype of new release, etc. I mean I just bought seven .99 Google Play catalog albums (and I wasn't alone if you look at Hits Building Sales chart this week). I'd be very surprised if I ended up buying more new releases than catalog this year with those kind of deals. Now if it was measured by dollars - obviously new would far outstrip those bargain purchases. |
|
#LisaRinna
Diamond Member
#LiteralLegender
Joined: August 2008
Posts: 42,164 
|
Post by #LisaRinna on Jan 24, 2016 21:00:49 GMT -5
This is interesting. I think albums should be discounted once they become "catalog" and stay that way.
|
|
|
|
Post by areyoureadytojump on Feb 5, 2016 18:58:46 GMT -5
Thanks to oldbloke:
YEAR TO DATE SALES STATS
Category - 2016 - 2015 - Change
Current - 6,500,000 - 8,690,000 - -25.2%
Catalog - 8,436,000 - 9,594,000 - -12.1%
Deep Catalog - 7,151,000 - 7,934,000 - -9.9%
Catalog = albums over 18 months old
Deep Catalog = albums over 3 years old
|
|
YourFaveIsAFlop
5x Platinum Member
Catch me in the fridge, right where the ice be
Joined: April 2014
Posts: 5,467
|
Post by YourFaveIsAFlop on Feb 8, 2016 8:23:12 GMT -5
This is interesting. I think albums should be discounted once they become "catalog" and stay that way. Ive been saying for a while that labels need to look at the pricing of albums as sales continue to fall while consumption continues to rise. I think that in 2016, the average shopper isn't willing to spend $15-20 for an album with 1 hit single, except is very rare event release, like 1989 or 25. They've tried to make it feel like CDs are worth the premium because of "deluxe editions" aka, make a very slight change to the album cover and tack on 3 songs that the label deemed not good enough for the album, but still good enough to squeeze a few extra dollars out of fans with. |
|
|
|
Post by areyoureadytojump on Feb 12, 2016 20:27:11 GMT -5
This is interesting. I think albums should be discounted once they become "catalog" and stay that way. Ive been saying for a while that labels need to look at the pricing of albums as sales continue to fall while consumption continues to rise. I think that in 2016, the average shopper isn't willing to spend $15-20 for an album with 1 hit single, except is very rare event release, like 1989 or 25. They've tried to make it feel like CDs are worth the premium because of "deluxe editions" aka, make a very slight change to the album cover and tack on 3 songs that the label deemed not good enough for the album, but still good enough to squeeze a few extra dollars out of fans with. "It's funny how the music industry is enraged about the Internet and the way things are copied without being paid for. But you know why people steal the music? Because they can't afford the music. I'm not condoning downloading music for free. I don't think that's really fair, but I understand it. If you brought CD prices back down to $8.98, you would solve a lot of the industry's problems. You are already seeing it a little — the White Stripes albums selling for $9.99. Everyone still makes a healthy profit; it might get the music business back on its feet." |
|
YourFaveIsAFlop
5x Platinum Member
Catch me in the fridge, right where the ice be
Joined: April 2014
Posts: 5,467
|
Post by YourFaveIsAFlop on Feb 12, 2016 20:50:48 GMT -5
Absolutely. In this day and age, labels are making more money from their artists 360 deals than from actual record sales. Use the CDs as a loss leader to build brand loyalty in your acts. Cut down on the profit margin and make up for it in volume. It's at last worth a shot.
|
|
|
|
Post by areyoureadytojump on Mar 5, 2016 8:25:09 GMT -5
YTD stats:
Category - 2016 - 2015 - Change
Current - 13,959,000 - 18,492,000 - -24.5%
Catalog - 17,384,000 - 19,094,000 - -9.0%
Deep Catalog - 14,717,000 - 15,834,000 - -7.1%
Combine Catalog and it's -16.1%
|
|
EvanJ
6x Platinum Member
Joined: September 2003
Posts: 6,371
|
Post by EvanJ on Mar 21, 2016 18:44:02 GMT -5
According to Nielsen Soundscan, physical catalogue albums – defined as any release over 18 months old – shifted 71.2m units compared with 65.8m units for current albums. Is the 18 months old measured from the start of 2015, the end of 2015, or something else? If an album turned 18 months old during 2015, can it count towards current albums for part of the year and catalog albums for part of the year? |
|
|
|
Post by areyoureadytojump on Mar 21, 2016 21:48:40 GMT -5
^It starts when the album debuts on the chart. Counts as a current album.
After 78 weeks, sales count as Catalog sales.
|
|
|
|
Post by areyoureadytojump on Mar 25, 2016 18:42:11 GMT -5
Thanks to oldbloke:
YEAR TO DATE SALES STATS
Category - 2016 - 2015 - Change
Current - 19,022,000 - 25,146,000 - -24.4%
Catalog - 24,044,000 - 26,482,000 - -9.2%
Deep Catalog - 20,324,000 - 22,006,000 - -7.6%
|
|
Agent Yoncé
Diamond Member
Joined: November 2010
Posts: 24,872
|
Post by Agent Yoncé on Mar 27, 2016 13:35:30 GMT -5
What is considered "deep catalog?"
|
|
|
|
Post by areyoureadytojump on Mar 27, 2016 19:48:41 GMT -5
^It explains above.
Deep Catalog = albums over 3 years old
|
|
