Music Industry News 2018
by Alex Cosper

2018 Rock and Roll Hall of Fame Inductees

The recording acts that will be inducted into the Rock and Roll Hall of Fame in Cleveland on April 14 will be: Bon Jovi, The Cars, Dire Straits, The Moody Blues, Nina Simone and Sister Rosetta Tharpe. The ceremony will be broadcast on HBO and SiriusXM.

Sgt Pepper Was #1 Selling Vinyl Album of 2017

The Beatles celebrated their 50th anniversary of the release of Sgt. Pepper's Lonely Hearts Club Band in 2017 with a repackaging edition featuring additional tracks. The physical album was a top seller the week of its release. The vinyl version of the album ended up being the year's top vinyl seller, moving 72,000 units, according to Billboard. Abbey Road was the second best-selling vinyl album of 2017, selling 66,000 units.

Other top selling vinyl albums of the year included catalog classics such as Bob Marley's Legend, Pink Floyd's Dark Side of the Moon, Prince's Purple Rain and Michael Jackson's Thriller. Overall vinyl sales were up 11% for the year, accounting for 14% of all physical albums sold and 8.5% of total (physical and digital) albums sold.

Rap Surpasses Rock in Streaming but Not Album Sales

A.C. Nielsen reports that in 2017 rap music overtook rock as the most listened to musical genre of all audio listening. Rap, hip hop and r&b gained an edge due to streaming stats, whereas rock as maintained its position as the top selling genre in album sales, accounting for a 35% share.

Interview with R&R Founder Bob Wilson

The man who built Radio & Records (R&R) and made it the most read publication in the radio and record industries, Bob Wilson, reflects on his career. He talks about how he came up with the concept, along with other career highlights, such as partnering with Wolfman Jack in the creation of the TV show Midnight Special. The trade publication lasted over 40 years before the business sold to Billboard's former parent company VNU, which discontinued the publication.

See also:

Music Industry News 2013
Music Industry News 2014
Music Industry News 2015
Music Industry News 2016
Music Industry News 2017

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