Album sales in the context of "Studio album"

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⭐ Core Definition: Album sales

Record sales or music sales are activities related to selling music recordings (albums, singles, or music videos) through physical record shops or digital music stores. Record sales reached their peak in 1999, when 600 million people spent an average of $64 on records, achieving $40 billion in sales of recorded music.

Record sales started declining in the 21st century, which made artists rely on touring for most of their income. By 2019, record sales accounted for less than half of global recorded music revenue, overtaken by streaming. Following the inclusion of streaming into record charts in the mid-2010s, record sales are also referred to as traditional sales or pure sales.

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Album sales in the context of Album

An album is a collection of audio recordings (e.g., music) issued on a medium such as compact disc (CD), vinyl (record), audio tape (like 8-track or cassette), or digital. Albums of recorded sound were developed in the early 20th century as individual 78 rpm records (78s) collected in a bound book resembling a photo album; this format evolved after 1948 into single vinyl long-playing (LP) records played at 33+13 rpm.

The album was the dominant form of recorded music expression and consumption from the mid-1960s to the early 21st century, a period known as the album era. Vinyl LPs are still issued, though album sales in the 21st-century have mostly focused on CD and MP3 formats. The 8-track tape was the first tape format widely used alongside vinyl from 1965 until being phased out by 1983, being gradually supplanted by the cassette tape throughout the 1970s and early 1980s; the popularity of the cassette reached its peak during the late 1980s before sharply declining during the 1990s. The cassette had largely disappeared by the first decade of the 2000s.

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