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Can Christmas Cure Music’s YTD Sales Slump?

The pressure is on inside every major label, as radio promotion departments scramble to find a few major hit singles to help reverse yet another year to date sales slump.. Continue reading [https://www.hypebot.com/hypebot/2010/10/can-christmas-cure-musics-ytd-sales-slump.html]

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The pressure is on inside every major label, as radio promotion departments scramble to find a few major hit singles to help reverse yet another year to date sales slump. With only 11 shopping weeks remaining in 2010, the recorded music industry overall is down 13.6% from last year with both digital and physical sales factored in.

For country music (down 12.5%), that means that in the next 11 weeks, they need to sell 18.377 million more units or 1.67 million per week. "That’s a tall order," reports Music Row, "considering that this week we sold a total of only 718k."

Christmas traditionally provides a big sales bump, but this year the bump that music needs looks more like a mountain.