Nielsen year-end report: Streaming continues to shine as album sales fall

Posted on by Anna Washenko

Nielsen SoundScan released its 2014 year-end figures for both music sales and streaming in the U.S. Streaming totaled 164 billion songs, up 54% from the 106 billion songs streamed the previous year. According to the Wall Street Journal (paywall), the overall music consumption didn’t change extensively between 2013 and 2014 based on an equivalence where 1,500 song streams or 10 individual song downloads count as an album sale. Continue Reading →

Leaked emails reveal Sony considered selling its music publishing division

Posted on by Anna Washenko

Sony experienced a debilitating hack on its confidential information earlier this month, with hackers publishing reams of email correspondence between the company’s leaders online for public viewing. Some of these emails revealed that Sony Corp. was considering selling off the music publishing arm because of concerns over its growth prospects. Thanks to a 2012 acquisition, the music publishing arm includes Sony/ATV Music Publishing and EMI Music Publishing. Continue Reading →