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The album-equivalent unit, or album equivalent, [1] is a measurement unit in music industry to define the consumption of music that equals the purchase of one album copy. [ 2 ] [ 3 ] This consumption includes streaming and song downloads in addition to traditional album sales .
Onkyo Music, a reseller of 7digital's services, closed worldwide on October 6, 2019. [25] CD Baby closed its retail store on March 31, 2020. [26] Google Play Music began to shutdown its music store in September 2020 and completed its shutdown worldwide by December. [27] Acoustic Sounds shutdown its Super HiRez digital downloads service on ...
In 2014, U2's album Songs of Innocence was released for free on iTunes. Apple's deal with U2 and the band's label, Universal Music, which stands to lose more than a million full-price sales because of the free download offer, guarantees $100 million worth of high-profile marketing for the album. [39]
The U.S. recorded-music business continues its upward swing, posting a near-record $15 billion in revenue for 2021, driven by a surge in streaming, solid vinyl and even CD sales, and the inclusion ...
Digital album sales, which passed physical album sales in 2011, declined in 2013, likely due to streaming services making the concept of owning music irrelevant. This might mean the slow end of ...
Between 2004 and 2007, Full-length CD sales have experienced a linear decline of around 2% annually. During this time period, Digital Download has increased from 0.9% to 11.2%. Of the over 10% of total market growth taken by Digital Download, roughly 8% came from losses in Full-length CD sales.
Typically, they are awarded only to international releases and are awarded individually for each country where the album is sold. Different sales levels, some perhaps 10 times greater than others, may exist for different music media (for example: videos versus albums, singles, or music download).
If two or more artists have the same claimed sales, they are then ranked by certified units. The claimed sales figure and the total of certified units (for each country) within the provided sources include sales of albums, singles, compilation-albums, music videos as well as downloads of singles and full-length albums.
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