In this special edition of Music Power Rankings, we look back at 2011 and highlight our top 10 stories and events. What strikes us as we ponder our choices in the Top 10 is that any way you look at it, this was a watershed year for the music industry in that the old, traditional way of business continues to morph into something new and those who can’t shift with the times or continue to cling to the old way of doing things will fall by the wayside. There’s understandable ongoing concern about how to monetize many of the new ways that music is consumed, but it felt like a little of the joy came back this year after a long, bleak period.
This is the last issue of MPR for a few weeks. We’ll be back in January. Happy Holidays!
1) Adele: She is the biggest success story of the year...of the last several years, actually. Her sophomore album, “21,” has never fallen out of the Billboard 200’s Top 10 and has sold more than 5 million copies in the U.S. She is on virtually every critics’ best-of-2012 list, and more importantly, she is not some producer’s puppet. She is proof that immense talent can appeal to the masses and the tastemakers alike. When she says she hurts from love’s scars, you believe her 100% and ache along with her.
2) Album sales rebound: Or at least they don’t drop. For the first time since 2004, album sales have increased over the previous year. There’s no way they’re ever going back to the pre-2000 high and the industry still feels like it’s in free-fall, but for the first time, it feels like maybe we’ve hit the bottom and, through various new business models and strategies, can go forward. (Final figures aren’t in, but through Sept. 31, sales were up 3.3% over 2010, according to Nielsen SoundScan.)
[More after the jump...]