Key Pink Floyd Albums Drop From Digital Market

Label sources say that Pink Floyd’s management was shopping the band’s entire catalog for a licensing deal about 18 months ago, asking each major to explain how it would market the band’s catalog and to make a bid. Sources at the major labels say elaborate presentations were unveiled for the band’s management, but the bidding levels got too high for some of the majors.

… Since 1991, Pink Floyd albums have sold 36.2 million copies in the United States, including 654,000 in 2009 and almost 311,000 this year. Pink Floyd track sales total 6.5 million, and so far this year song downloads stand at 587,000 units.

… “The Wall” remains one of Pink Floyd’s best-selling albums. Since EMI took over distribution of the album in 2000, it has sold nearly 1.5 million units in the United States, of which 107,000 have been digital downloads, according to SoundScan. During the two months before the end of EMI’s distribution deal on the later Floyd titles, sales of “The Wall” totaled 14,000 units, with weekly album sales ranging between 1,000 and 2000 units, according to SoundScan. Digital albums, which accounted for 41 percent of sales during those two months, averaged nearly 1,000 units per week.

via Key Pink Floyd Albums Drop From Digital Market – ABC News. (via Hypebot)

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