Things are a day late because of where New Year's fell--apologies--but here's what we can say about 2012.
First, to Canada. The year finished down 2% when compared to 2011. This is a disappointment considering that the market ran ahead for the first 49 weeks of the year before cratering during the all-important fourth quarter. There just weren't enough success stories from big-name artists or breakout acts to sustain the momentum over those final weeks.
Physical CD sales finished down 12% from 2001 while digital albums are up 20%. Digital singles finished strong, 4.6 million tracks sold in this last week. That's a new record. The market for singles finishes at +21%.