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The album-equivalent unit, or album equivalent, is a measurement unit in music industry to define the consumption of music that equals the purchase of one album copy. This consumption includes streaming and song downloads in addition to traditional album sales. The album-equivalent unit was introduced in the mid-2010s as an answer to the drop of album sales in the 21st century. Album sales more than halved from 1999 to 2009, declining from a $14.6 to $6.3 billion industry, partly due to cheap digitally downloaded singles. For instance, the only albums that went platinum in the United States in 2014 were the Frozen soundtrack and Taylor Swift's 1989, whereas several artists' works had in 2013.
References
- ↑ Plunkett, John (10 May 2012). "Spotify and other streaming services get own chart". The Guardian . London: Guardian News and Media. ISSN 0261-3077. OCLC 60623878 . Retrieved 21 September 2012.
- ↑ Langshaw, Mark (10 May 2012). "Official music streaming chart launching in UK". Digital Spy . London . Retrieved 21 September 2012.
- ↑ "2012 Top 40 Official Streaming Chart Archive". London: Official Charts Company. 2012. Archived from the original on 1 November 2014. Retrieved 25 June 2012.
- ↑ "2013 Top 40 Official Streaming Chart Archive". London: Official Charts Company. 2013. Archived from the original on 1 November 2014. Retrieved 25 June 2012.
- ↑ "2014 Top 40 Official Streaming Chart Archive". London: Official Charts Company. 2014. Archived from the original on 1 November 2014. Retrieved 1 November 2014.
- ↑ "2015 Top 40 Official Audio Streaming Chart Archive". London: Official Charts Company. 2015. Retrieved 4 November 2015.
- ↑ "Artist Chart History". London: Official Charts Company. 2012. Retrieved 20 April 2012.
