Company Town : STACKING UP SALES
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Total album and single sales of CDs and cassettes for the week ended July 10, compared to week-ago and year-ago levels, in millions of units sold: Latest week:
Albums: 10.4
Singles: 1.9
*
Week-ago:
Albums: 10.8
Singles: 2.0
*
Year-ago:
Albums: 9.3
Singles: 2.2
Hits Magazine Tip of the Week
Judy McGrath’s recent promotion to president of MTV has set off massive industry speculation over a major restructuring of the influential channel’s programming and talent departments. Adding fuel to that speculation is the impending departure of Rick Krim, MTV vice president of music and talent, who often acted as MTV’s liaison to record companies, which have become increasingly upset over what they perceive as MTV’s lack of attention to music industry needs.
Note: Hits magazine is a weekly music industry trade publication.
Source: Soundscan Inc.
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