Bieber Sets Billboard 200 Record

Bieber Sets Billboard 200 Record

Bieber Sets Billboard 200 Record
Justin Bieber
's  Under The Mistletoe debuted at No. 1 on the Billboard 200 with 210,000 units sold, marking the first Christmas album by a male artist to debut atop the chart, according to Nielsen SoundScan. The album is the eighth holiday collection to top the chart and the third No. 1 for Bieber, who also becomes the first solo artist to achieve three No. 1 albums before turning 18. In related chart news, U.S. digital album sales are up 20 percent to 81.3 million through Oct. 30, representing 32.5 percent of U.S. album sales, up from 26.5 percent in 2010, according to Neilsen SoundScan. UK digital album sales have reached 21.3 million units, representing 26.2 percent of UK album sales, up 17.5 percent from 2010, according to the Official Charts Company. At the current sales rate of approximately 2 million units sold per week, U.S. digital album sales could match last year's end total of 86.3 million units by Nov. 20. Digital sales in the United States and UK have been spurred by the releases of Adele's 21 and Coldplay's Mylo Xyloto. (11/9)

Digital Music Spending To Top $7 Billion In 2015
According to a report from technology research firm Gartner, global digital music spending will reach $6.3 billion by the end of 2011, up from $5.9 billion last year, and $7.7 billion by 2015. Revenue from music subscription services will reach $2.2 billion in 2015, up from the current $532 million, and digital download revenue will reach $4.1 billion, up from $3.6 billion in 2011. Gartner predicts labels will continue to reconfigure their business models to account for declining physical sales, which it expects will drop to $10 billion in 2015, down from $15 billion in 2010. However, the company estimates physical revenue will still account for 30 percent more of music sales than digital revenue. (11/9)

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