Music sales slide 5%

CD album sales were off 4.6%

LONDON — Global music sales fell 5% in the first half of 2001, hit hard by a 5% decline in North America and a massive 20% drop in Latin America. Unit sales were down 6.7%.

According to worldwide record industry org IFPI, the disappointing results were in large part attributable to CD copying and Internet piracy.

CD album sales were off 4.6%, the first fall in over a decade. Last year, sales of blank CDs increased 80% and a further 40% boost is predicted for 2001.

Of the top 10 markets, only the U.K. and France showed growth, up 10.5% and 7.9% respectively in local currency.

The U.S. – which represents more than 40% of the world market – was off 5.3%, Japan 7.2%, and Germany 11.3%. Europe on average was down roughly 1%, Asia 8%.

More Music

  • Tekashi 6ix9ine Kidnapped, Robbed, Hospitalized (Reports)

    Tekashi 6ix9ine Kidnapped, Robbed, Hospitalized (Reports)

    LONDON — Global music sales fell 5% in the first half of 2001, hit hard by a 5% decline in North America and a massive 20% drop in Latin America. Unit sales were down 6.7%. According to worldwide record industry org IFPI, the disappointing results were in large part attributable to CD copying and Internet […]

  • ABBA performing as an unknown band

    The Secret Majesty of ABBA: They Were the Feminine Pop Opera of Their Time

    LONDON — Global music sales fell 5% in the first half of 2001, hit hard by a 5% decline in North America and a massive 20% drop in Latin America. Unit sales were down 6.7%. According to worldwide record industry org IFPI, the disappointing results were in large part attributable to CD copying and Internet […]

  • Chester BenningtonWarner Music Group Grammy After

    Linkin Park Pays Tribute to Chester Bennington on Anniversary of His Death

    LONDON — Global music sales fell 5% in the first half of 2001, hit hard by a 5% decline in North America and a massive 20% drop in Latin America. Unit sales were down 6.7%. According to worldwide record industry org IFPI, the disappointing results were in large part attributable to CD copying and Internet […]

  • Willie Nelson

    Willie Nelson to Release Frank Sinatra Tribute Album ‘My Way’

    LONDON — Global music sales fell 5% in the first half of 2001, hit hard by a 5% decline in North America and a massive 20% drop in Latin America. Unit sales were down 6.7%. According to worldwide record industry org IFPI, the disappointing results were in large part attributable to CD copying and Internet […]

  • Watch Pusha T Perform ‘Santeria’ With

    Watch Pusha T Perform ‘Santeria’ With 070 Shake and The Roots

    LONDON — Global music sales fell 5% in the first half of 2001, hit hard by a 5% decline in North America and a massive 20% drop in Latin America. Unit sales were down 6.7%. According to worldwide record industry org IFPI, the disappointing results were in large part attributable to CD copying and Internet […]

More From Our Brands

Access exclusive content