Nielsen & Billboard Report Music Streaming Up 32%, Vinyl Sales Up 33% - EDM News

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Nielsen & Billboard Report Music Streaming Up 32%; Vinyl Sales Up 33% - EDM News

Nielsen, the music industry's leading data information provider (Nielsen SoundScan & Nielsen BDS), and Billboard have announced their 2013 year-end report for the 12-month period of December 31, 2012 through December 29, 2013. Nielsen SoundScan measures U.S. point-of-sale of recorded music product. Nielsen BDS tracks U.S. radio airplay and music streams. Both systems power many of the Billboard charts.

Overall, thirteen albums in 2013 exceeded over a million units in sales, up from ten albums in 2012. The report also indicates that music streaming was up 32%. There was a 33% increase in vinyl sales. CD sales fell 14%, while digital album sales remained constant.

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When it came to track by track downloads, all genres saw a decrease in figures from 2012, except for the electronic dance music category, which saw an increase of 8.4%.

Despite the rise in overall track downloads, not one electronic music artist was in the top 10 album sales category (based on format), except for Daft Punk's Random Access Memories, which topped the vinyl album sales chart.

"Despite shifts in how music is consumed, we see continued growth in overall music consumption,” says David Bakula, SVP Industry Insights, Nielsen Entertainment. “With more than 118 billion streams in 2013 reported by our data providers, which is the approximate revenue equivalent of 59 million albums purchased, the industry remains vibrant as consumption continues to change and expand. 2013 was also great year for creative album release events.”

Source: Nielsen & Billboard's 2013 U.S. Music Report