News »
Gigwise RSS Feeds Bookmark and Share

Coldplay Under Pressure As EMI US Market Share Slumps

'Viva La Vida' will have to sell well...

Coldplay Under Pressure As EMI US Market Share Slumps Add to My Fav Bands List
Share

The pressure for Coldplay’s new album ‘Viva La Vida’ to succeed has intensified after it was revealed that their record label EMI’s market share in America has fallen to its lowest level for half a decade.

So far in 2008, releases by EMI artists have accounted for 8.8% of sales in America - with just one alum featuring in the American top-40 this week, according to the Times.

EMI is currently undergoing a major restructuring operation following its takeover by private equity company Terra Firma last year.

The new figures will put greater pressure on Coldplay’s fourth album, which is released in the UK on June 12th.

Early indications for the album are good, however, with first single ‘Violet Hill’ charting at number eight in the UK charts.

More encouraging were the download figures, which indicated that 2million people downloaded the song when it was available as a free download on the band’s website.

Previous Next

 characters left [+]  


Register now and have your comments approved automatically!

  • RT @Gigwise: Jay-Z To Perform At The Brit Awards: Alongside a special guest star, it's reported... http://bit.ly/6Oy30z
    kevster1976 on Tue Nov 24 10:33:02 via TwitterGadget
  • This is mad- Lady Gaga Makes $167 From 1million Plays On Spotify: A Swedish report suggests... http://bit.ly/4ZYtYw (via @Gigwise)
    martinontwitter on Mon Nov 23 17:39:52 via Tweetie
  • I call bullshit. RT: @Gigwise: Lady Gaga Makes $167 From 1million Plays On Spotify: A Swedish report suggests... http://bit.ly/4ZYtYw
    musicaltwit on Mon Nov 23 17:35:13 via Echofon
  • RT @laurastrong1985: RT @Gigwise U2 To Headline Friday Night Of Glastonbury 2010: It's reported today... Haha unlucky!
    Garyt2 on Mon Nov 23 17:02:59 via TwiXtreme
  • RT @Gigwise: Local Natives Unveil 2010 UK Tour Dates: They play next February and March... http://bit.ly/08MQQez
    followchopsy on Mon Nov 23 14:54:02 via Tweetie
Artist A-Z   # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z