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Mixed news for singles and albums.(The Market)

Music Week

| October 02, 2004 | Jones, Alan | COPYRIGHT 2004 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

Contrasting fortunes for singles and albums last week found sales of the former declining 17% to a seven-week low, while albums improved by 9% to reach an eight-week high.

The decline in singles was due largely to the absence of hot new releases, with only one newcomer--Donny Osmond's Breeze On By--claiming a place in the Top 10. Album sales were more solid, thanks largely to the arrival of Green Day's American Idiot album, which racked up first week sales of 89,385--the highest for an artist album since Keane's Hopes And Fears debuted with sales of 155,373, 19 weeks ago.

Close of business on Saturday also marked the end of the year's third quarter, and year-to-date tallies are similarly mixed, with singles off by 11.8%--compared to 2003--at 19,186,631, while albums are up 1.5% to 100,434,257. Artist albums account for 76.04m sales (up 1.5%), while compilations total 23.44m (up 4.0%).

Although album sales last week were up considerably over the previous week, they were off by 8.4% compared to the same week in 2003, when six new albums flooded into the Top 10, with Muse debuting at number one, followed by debuts from Sting, R Kelly; Nickelback, Limp Bizkit and The ...

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