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Album Sales Continue Downward Spiral

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Billboard shares an analysis of the latest bad news on the music sales front. The highlights (low points?) include:

  • Album sales were down 18.1% compared to last year, 31% compared to '07
  • The July 5 week period 6/28 - 8/1 was down 10.3% compared to the same period in '08 and 22.8% vs. '07. Michael Jackson provided a sales bump that began with his death on June 25th.
  • Year to date album sales are down 14.5% vs. '08 and 31.1% vs. '07.

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