Universal Music Group Held Top Market Share Again In 2012
January 4, 2013

Nielsen SoundScan has released its data on music sales in 2012 and Universal Music Group remained the #1 label once again, with the largest market share last year. Universal claimed 32.4 percent of the market share (counting album sales plus digital track equivalent albums), with Sony Music making up 30.25 percent of the market share (up from 29.29 percent in 2011). EMI Music's sales in the fourth quarter of 2012 were counted towards UMG, however Billboard notes that even without the EMI sales figures, Universal would have outpaced Sony last year.

Warner Music Group held 19.15 percent of the market share, almost flat from 19.13 percent in 2011. Counting its sales in the first three quarters of 2012, before the UMG deal closed, EMI Music made up 6.78 percent of the market. Independent labels added up to 11.42 percent of the music market, but Billboard reports that "if you count market share by label ownership, the indie market share is much larger -- more than 30 percent."

Overall music purchases were up by 3.1 percent in 2012 to 1.66 billion units, thanks to digital music growth. Digital album sales were up 14.1 percent last year to 118 million, with digital track sales up 5.1 percent, surpassing 1.3 billion. However, sales of albums and digital track equivalent albums fell last year by 1.8 percent compared to 2011, to 450 million. Physical CD sales declined by 13.5 percent in 2012 to 193 million.

Every musical genre saw a decline in music sales in 2012, except for Country (up 4.2 percent) and Rock (up two percent). Jazz and Classical saw the biggest dropoffs, with 26.2 percent and 20.5 percent declines in sales, respectively.

"Overall music purchases surpassed 1.65 billion units in 2012, up 3.1 percent vs. the previous record high set in 2011, driven by digital music sales, which continue be a key growth element within the market," says David Bakula, SVP Client Development, Nielsen. "Digital Album sales are up 14.1 percent and Digital Track sales are up 5.1 percent, but despite being down 12.8 percent, physical is still the dominant album format."

"The big artist stories of the year are Adele and Taylor Swift," continues Bakula. "Adele’s album, 21, is the first album ever to be the top seller of the year for two consecutive years and Taylor Swift’s Red has sold more than 3.1 million copies in only 10 weeks, debuting with the highest weekly sales of any title since 2002."

As reported yesterday, Adele's 21 finished 2012 as the best selling album in the U.S. for the second straight year. The effort sold 4.41 million copies in 2012, after finishing 2011 with 5.82 million sold. The feat also means that for the first time since Nielsen SoundScan began tracking music sales in 1991, the same album finishes as the United States' best-seller for a second year. Also in 2012, 21 aptly became the 21st album in the SoundScan era to sell 10 million copies.

The year's second-biggest selling album is Taylor Swift's Red, with 3.11 million units sold. One Direction's debut album, Up All Night, is 2012's third-biggest set with 1.62 million sold. At #4 for the year is Mumford & Sons' Babel, which shifted 1.46 million copies. Justin Bieber saw his latest album, Believe, become the #6 best-selling effort of 2012 with 1.34 million.




 
Breaking News
eQB NOW
Cumulus Promotes Heather Gersten To APD At WWLI/Providence, RI
April 20, 2017
iHeartMedia Washington, D.C. Names Tommy Chuck PD For WASH-FM
iHeartMedia Names Jeff Wyatt SVP/Programming For Baltimore, MD
Radio One DC Expands WMMJ-FM Listenership
April 19, 2017
CBS Radio's 'SPF" In Las Vegas Expands To Two Nights With Linkin Park
Magic 92.5/San Diego To Change Format To All Prince "Purple 92.5"
Clip Interactive Partners with Radio One & Reach Media
April 18, 2017
iHeartMedia San Antonio Names Russell Rush Program Director For KXXM
iHeartMedia San Francisco Names Matty Staudt Digital PD
WHLZ Turns On The Hot AC In Florence, SC
iHeartMedia Baton Rouge Names Brittany Tully PD For WYNK-FM
John Butler Joins Spotify
April 17, 2017
KUDL/Sacramento Rolls Outs EndFest 2017
United Stations Adds Danny Ocean As Affiliate Relations Representative
Amplifi Media & jâcapps Team Up To Form SonicAi
April 13, 2017
Cumulus Media Promotes Three Senior Executives
jacapps and Ford Bring the Connected Car to the 2017 NAB Show
April 12, 2017
iHeartMedia Names Donna Pickett EVP/Marketing, Digital Products
Alpha Media San Antonio Names James Steele PD of 103.3 The APP
FLY92.3/Albany Unveils New Morning Show
April 11, 2017
The Madison Square Garden Company Names Darren Pfeffer EVP of MSG Live
iHeartMedia Names Dennis O'Heron SVP/Live Entertainment And Events
Music News
Kendrick Lamar Earns Biggest Chart Debut of 2017
Quick Hits: Beyonce, Rise Against
Prince EP Release Blocked By Lawsuit
Paramore Announce New Album After Laughter
Controversy Over New Prince EP
Quick Hits: NIN, QOTSA, Coldplay, Big Boi
FMQB Retro-Active: A Look Back at ELP
The Chainsmokers Debut Atop Billboard 200
Quick Hits: Lady Gaga, Gotillaz, Bourbon & Beyond
Harry Styles to Release Solo Debut on May 12
Quick Hits: J. Geils, Gorillaz, Tool
The Chainsmokers & Drake Lead 2017 Billboard Music Award Nominees
Quick Hits: Kendrick Lamar, Prince's Estate, Lindsey Buckingham, Christine McVie
Rock Hall of Fame Adds Pearl Jam, ELO, Journey & More
FMQB Photo Pass: John Mayer
FMQB NOW

Nikki Nite,
VP of Prog. & Ops,
Entercom/Austin

Advertisement:
Search FMQB.com
Advertisements:
FMQB Member Login
Email:
Pass:

Save
Not a member yet?
Sign up Now!
Sign Up for Breaking News!
Enter FMQB E-Tracking!