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Labels Enjoying Non-Catastrophic Sales Decline...

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Hey, this is about as good as it gets on the recording side right now . According to first-quarter, US-based stats published by Nielsen Soundscan, album sales declined a 'mere' 5 percentduring the first quarter (January through March). That figure aggregates physical and digital formats. Specifically, album sales landed at 77.8 million units, which compares favorably to year-2010 drops of 12.7 percent.

Sounds like some oxygen, though picking apart the formats reveals some familiar danger signs. CDs dropped a less-catastrophic 12.8 percent during the quarter, which is certainly better than declines of 19.7 percent for last year. But anytime a double-digit decline represents an improvement, you know you're in trouble.

The story on digital albums remains shaky. On the period, digital albums gained a double-digit 14.9% to 25.1 million units, which compares to a 16 percent bump for the same period last year. The broader gain in 2010 was 13 percent.

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