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Record Labels Depending On Kanye And 50 Cent To Meet Last Years Sales Total

Posted on 03. Oct, 2008 by Blogger in News

Record labels are approaching another financially weak year, as a minimum of 200 million albums in the last quarter is now required in order to break even with last year’s low total.

According to Variety, the music industry officially closed out with a total of 297.9 million albums sold for the third quarter making it already 12 percent less than the previous year. 2007 saw a total of 500.5 million in sales with over 30 percent of the records purchased stemming from the fourth quarter. However, this year the industry would have to up the amount to over 40 percent.

With a strong line-up of upcoming albums believed to drop before 2009 including releases from Kanye West, 50 Cent, Jay-Z, Ludacris, Busta Rhymes and possible albums from Dr. Dre, Eminem and Andre 3000, the goal may still be attainable.

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3. Crack A Bottle Sets Digital Record, Will Appear On 50 Cent’s ‘Before I Self Destruct’
4. Lil Wayne Pushes 423,000 First Day Sales
5. Kanye West “Hottest MC in the Game”?

Tags: 50 Cent, Andre 3000, Busta Rhymes, Dr Dre, Eminem, Jay-Z, Kanye West, Ludacris