Kanye Couldn't Save Fall
--Rolling Stone
Last fall, music executives and record stores were full of optimism: Sales were up about seven percent for the year, and sure things like Eminem's Encore and U2's How to Dismantle an Atomic Bomb were due in stores before Christmas. In 2005, sales have been dropping all year, with fall numbers down 8 percent for the Top Ten and 5.5 percent for the Top Twenty-five, and very little relief is in sight. "The release schedule is weaker this year than it was last year," says Jim Urie, president of Universal Music and Video Distribution. "Part of that is because last year was truly extraordinary -- we literally had a record from every single superstar on the roster."
Since Labor Day, many heavily anticipated albums have fizzled: Ashlee Simpson's I Am Me debuted at Number One with 220,300 copies sold but dropped to 73,000 the second week; Alicia Keys' Unplugged went from just under 200,000 copies to 83,000; and Rod Stewart's Great American Songbook Vol. IV fell from 193,000 to 90,800. The week of October 23rd, Destiny's Child's #1's scored the top spot with just 113,000 copies sold. And overall CD sales are down more than seven percent for the year, according to Nielsen SoundScan. (If you factor in digital downloads, which have tripled so far this year, album sales are down just 4.6 percent.)
A few records have avoided the carnage and put up big numbers -- Nickelback's All the Right Reasons hit Number One with a healthy 325,000 copies in October, and Kanye West's Labor Day Late Registration debut was an Eminem-level 860,000. Universal's Urie has high hopes for Eminem's greatest-hits Curtain Call (due out December 6th). Madonna's Confessions on a Dance Floor hits stores today, and 50 Cent's soundtrack for Get Rich or Die Tryin' was doing strong business at press time. "As the 'event releases' start to come online, I think we're going to have a very strong November and December," says Tom Corson, general manager of Arista/J Records, which released Carrie Underwood and Santana CDs this fall.
But record-store owners are beginning to worry about the lower-than-expected fall numbers. "In general, there's a lot of nervousness right now," says Clark Benson, of the market-research firm Almighty Institute of Music Retail. "The year's been down -- we all knew that. But we were hoping things would pick up, and frankly they haven't yet."
STEVE KNOPPER
(Posted Nov 15, 2005)