STACKING UP SALES
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:
For the record:
12:00 AM, Aug. 06, 1994 For the Record
Los Angeles Times Saturday August 6, 1994 Home Edition Business Part D Page 2 Column 5 Financial Desk 1 inches; 22 words Type of Material: Correction
Ace of Base--A photo in some of Friday’s editions was incorrectly identified as that of the music group Ace of Base. The photo was of the group This Picture.
Latest week: Albums: 11.2 Singles: 2.0
Week-ago: Albums: 11.0 Singles: 2.0
Year-ago: Albums: 10.6 Singles: 2.7
Atop the Charts
Monthly record company market share as of July, based on units sold. This is an indicator of music company performance.
Hits Magazine Tip of the Week
VH-1 is reporting a huge ratings increase for its “Stones TV” programming, for which the video channel preempted its regular 7 p.m-to-midnight schedule with Rolling Stones clips, interviews and reports from the band’s “Voodoo Lounge” tour. “Stones TV” marks the first major programming move by the channel under new President John Sykes and Vice President Andy Schoun, who are attempting to remove VH-1 from the shadow of its more successful sister network, MTV. Among the channel’s new goals is more active participation in the music industry.
Note: Hits magazine is a weekly music industry trade publication.
Source: Soundscan Inc.