The first half of 2011 saw a resurgence for the music industry, with album sales up for the first time since 2004. According to Nielsen and Billboard's Mid-year Music Industry Report, overall album sales, digital album sales, catalog album sales and vinyl album sales all saw increases over the same six-month period in 2010. Digital sales, which accounted for one out of every three album purchases, are up 19% through the first six months over 2010 and are on pace to set a new sales record at the end of the year. This is just one of a number of records set to be broken—or already broken—in 2011.
“The consumption of music continues to be greater than ever," says Eric Weinberg, President, Entertainment for Nielsen. "The sales figures for the first half of 2011 show the increased purchasing behavior is being driven by digital album sales, which are up nearly 20 percent over 2010, and the increased purchasing of catalog [older] titles." Weinberg said, also noting that "While digital music sales continue to see strong growth, the CD still accounts for two out of every three album purchases.”
Sales figures of note in 2011 include:
More detail on the report is available at Billboard.biz.