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{"id":112979,"date":"2022-01-07T13:26:59","date_gmt":"2022-01-07T18:26:59","guid":{"rendered":"https:\/\/celebrityaccess.com\/?p=112979"},"modified":"2022-01-07T13:26:59","modified_gmt":"2022-01-07T18:26:59","slug":"catalogs-crowd-out-currents-grabbing-82-of-us-market-as-cd-sales-also-grow","status":"publish","type":"post","link":"https:\/\/dev.celebrityaccess.net\/2022\/01\/07\/catalogs-crowd-out-currents-grabbing-82-of-us-market-as-cd-sales-also-grow\/","title":{"rendered":"Catalogs Crowd Out Currents Grabbing 82% Of US Market As CD Sales Also Grow"},"content":{"rendered":"

(Hypebot<\/a>) — If the resurgence in vinyl was not enough to convince you that in music everything old is eventually new again, new sales figures for CDs and music consumption stats should convince you.<\/p>\n

US CD album sales increased 1.1% to 40.59 million albums sold in 2021. That\u2019s the first yearly gain in CD sales since 2004 according to MRC data.<\/p>\n

That\u2019s far from a total comeback, but those numbers are expected increase again in 2022 as artists, labels and fans all embrace CDs as an alternative physical format to impossible to press vinyl.<\/p>\n

New music has a catalog problem<\/h3>\n

Consumption (streaming + sales) of catalog music is so strong that many are worried that its crowding out new releases.<\/p>\n

Catalog music is defined as more than 18 months after its release.<\/p>\n

According to\u00a0MBW\u2019s calculations<\/a>\u00a0using MRC data, catalog recordings accounted for a whopping 82.1% of total recorded US music consumption in the second half of 2021.<\/p>\n

In 2020 catalog music was 66.4% of total consumption.<\/p>\n

In relative terms, the total consumption of current music actually fell 37.4%\u00a0i<\/em>n the second half of 2021 compared to the same period of 2020.<\/p>\n

Bruce Houghton<\/strong>\u00a0is Founder and Editor of\u00a0Hypebot<\/a>\u00a0and\u00a0MusicThinkTank<\/a>\u00a0and serves as a Senior Advisor to\u00a0Bandsintown<\/a>\u00a0which acquired both publications in 2019. He is the Founder and President of the\u00a0Skyline Artists Agency<\/a>\u00a0and a professor for the\u00a0Berklee College Of Music<\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

(Hypebot) — If the resurgence in vinyl was not enough to convince you that in music everything old is eventually new again, new sales figures for CDs and music consumption stats should convince you. US CD album sales increased 1.1% to 40.59 million albums sold in 2021. 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