We all know that record sales aren’t what they used to be, but what’s gone down in 2014 is staggering: Not one artist’s album has hit the million-selling mark this year, according to Forbes.
Not one.
If that trend continues,
2014 will be the first year since platinum-certification was introduced by the RIAA in 1976 that no musician has hit that mark, according to Death And Taxes. Only one album has gone platinum this year: the Frozen soundtrack. But with releases from industry heavyweights like Taylor Swift, Eminem, Lil Wayne and Nicki Minaj planned for Q4, we might yet have a platinum-selling artist this year.
It’s certainly an indication of the state of the music industry, and Irv Gotti, the platinum-selling producer and co-founder of Mudrer Inc Records, doesn’t like it.
“The business of music is OVER,” he captioned a photo on Instagram of a screenshot of the Death And Taxes article.
“
Not 1 Album that has come out in 2014 is gonna be certified Platinum. That’s f–king crazy. Now don’t get me wrong. An artist can still come out and make some money. Doing shows. But for me. A label owner. And a Producer. My money was largely based on record sales. Which there isn’t any. Anymore.”
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Read more here: :
http://www.mtv.com/news/1971331/irv-...m-albums-2014/
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