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Vinyl sales continue to surge in the UK
The vinyl revival shows no sign of slowing down. Today, the British Phonographic Industry (BPI) has announced that 637,056 LP albums were sold in the first three months of 2016. That's a 62 percent increase on the same period last year, and puts vinyl's cut of the UK album market at 3.9 percent, up from 2.1 percent in Q1 2015. Vinyl sales smashed industry expectations last year, climbing for the eighth time in a row to 2.1 million. The BPI now estimates that sales will breach 3 million in 2016 -- possibly 3.5 million -- if the format continues on its current trajectory.
Music streaming now counts towards gold and platinum certification
Music streaming has been all the rage for years now, but the Recording Industry Association of America (RIAA) had yet weigh its merits. However, that's about to change. Starting today, the RIAA will take into account audio and video streaming numbers in addition to sales when certifying an album gold or platinum. Back in 2013, the music industry's governing body began tallying individual songs towards its so-called Digital Single Award, but this new change will be the first time streaming is factored in to the main Album Award process.
No one has a platinum album in 2014
The decline in album sales is certainly nothing new, thanks to the smattering of streaming options now available to eager listeners. However, 2014 looks to be particularly awful. Forbes reports that nearly 10 months into the year, no release since January has yet to reach platinum status -- a release that sells 1 million copies (in the US). What's more, only one has sold a million copies: the Frozen soundtrack that hit shelves last year. At this point in 2013, five different albums had hit that sales mark (Justin Timberlake's The 20/20 Experience led the pack). How bad are the numbers? Well, the best-selling effort that was actually released in 2014 is fourth on the year's sales tally (Eric Church's Outsiders). And singles are seeing the same fate, albeit at a slower pace. So far, 60 tracks have sold a million -- down from 83 at this point last year. As Forbes points out, sales usually see a boost during Q4 (holiday bump), but most of the top sellers like Adele, Katy Perry and others don't have new material on tap before the year's end. However, Taylor Swift's 1989 is set to release on October 27th, so there's hope? [Photo credit: Gabe Souza/Portland Press Herald via Getty Images]
Samsung teases 4G tablet for 2011, Galaxy S III in first half of 2012
Don't expect a lawsuit or two to keep a good chaebol down. Not if J.K. Shin has his way. The president of Samsung's mobile communication division is telling us to expect an "enhanced" LTE Galaxy Tab (without providing any detail) sometime later this year, following the launch of the company's 8.9-inch Tab this summer and 10.1-inch Tab next month -- the latter priced between $499 and $599. Shin said that Samsung is already in talks with US and South Korean carriers to launch the 4G tablet. He also teased a third version of the wildly popular Galaxy S handset series for the first half of 2012. A proclamation arriving on news that the delectable Galaxy S II has just set a record for the fastest selling smartphone in Korea after unloading one million handsets in the first month of domestic sales.Naturally, Shin also had a bit to say about Samsung's ongoing legal battle with Apple. "We didn't copy Apple's design," he said bluntly, adding that Apple's allegations "will not be legally problematic." Sure Sammy, tell it to the judge.Update: The Wall Street Journal updated its story calling for the 8.9-inch Galaxy Tab to launch this summer, not in June as originally stated.
