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Single sales bring in a double.(The Market)

Music Week

| December 06, 2003 | Jones, Alan | COPYRIGHT 2003 UBM Information Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Another banner week for sales, with albums increasing by more than 26% week-on-week to reach a new 2003 high while singles register a 19% uptick to reach their fourth-highest level of the year.

At 5,448,565, album sales for last week were 8.2% ahead of the comparative week in 2002, 9.8% up on 2001 and more than 13% ahead of 2000. Singles sales ticked up to 703,899, which is 37.2% below their level in the comparable week in 2000 but just 3.7% down on a year ago. Singles have only had higher sale this year in the last three weeks of March.

The singles market has been improving steadily recently, but this week's chart is the first this year in which the top two singles both sold more than 100,000 copies. It is only the fifth week this year that any single has registered a six-figure sale.

Although discounting is deeper than ever, unit sales of albums offer great encouragement, and 56 albums (41 artist and 15 compilations) sold more than 20,000 copies last week. Leading the way, Now! 56 dipped only 4.1% on its second week, selling a further 234,475 copies. In 13 days, it has sold 478,911 copies, and is running 33% ahead of Now! 53's 2002 sales at the same stage, ...

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