Metallica’s recent release of its full catalog on Spotify has negatively affected the group’s album sales.
Billboard.biz reports that, based on the catalog's performance in previous years, album sales were 15% below expectations the week the titles were added to Spotify and 35% below expectations the following week. Sales were in line with expectations the week before the titles were added to Spotify.
Metallica sales had jumped 60% to 61% in the four-week period leading up to Christmas in both 2010 and 2011; in 2012 that four-week increase was just 27.2%.
“We're always looking for more ways to get our music out to you, whether it's streaming live videos through our tour page on this site or offering downloads of live shows through LiveMetallica.com,” wrote the band when announcing the Spotify deal. “Connecting with Spotify was the next logical step and we can't wait to see what the future brings!”
Check out Metallica on Spotify here.
Metallica recently took control of all of their recordings and have launched their own record label, Blackened Recordings.
A new live package, “Quebec Magnetic,” is the first project to be released under the new label.
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