- Aug 24, 2001
- 31,796
- 2
- 0
Must be that darn internet
From Today's Fox 411

From Today's Fox 411
Record Biz Crisis Worse Than Expected
The combined sales of the top 10 albums was less than 750,000 CDs last week. That's right. According to hitsdailydouble.com, this morning the record industry wakes up to the house on fire.
Unbelievable? But true. Norah Jones, Jennifer Lopez and Avril Lavigne posted far smaller numbers than predicted; the album chart was more of a disappointment than anyone could imagine. And this was after the Grammy nominations, an event which should have boosted sales.
It's hard to imagine such a thing happening in the movie business, where tight controls by the people in charge would never permit a 10-year run of poor quality product to overtake the business. What "explicit lyrics" and sampled music have been to the music business could only exist in movies if suddenly only soft-core porn were released weekly to movie houses.
I'm curious to see what the record company presidents are going to do about this frightening dip in sales. The next major release isn't until Jan. 28 -- that would be the new album by R. Kelly, the singer currently under investigation for engaging in sex with minors.