Adele’s long-awaited album is leading a flurry of major releases in the coming weeks that could determine whether this year marks a rebound for a slow-growing recorded music industry.
Two acts with ecstatic young followings, Justin Bieber and One Direction, are both to put out albums on Friday next week, and more established chart-toppers Coldplay and Rihanna have hinted at releases in time for holiday shoppers.
Industry watchers expect Adele to be this year’s crucial artist when 25, her first album in nearly five years, goes on sale globally on Nov. 20.
Photo: Reuters
The album’s first song, piano ballad Hello, has already smashed records, making the biggest US debut for a single since Candle in the Wind, Elton John’s 1997 tribute to Princess Diana.
The English singer’s last album, 21, which featured heartache anthem Someone Like You, was the top-selling album for two consecutive years in the US and, by a comfortable margin, the biggest album in Britain so far this century.
Adele, a rare artist with passionate fans across the age spectrum, has described 25 as a reflection on the now 27-year-old’s entrance into adulthood.
True to her anti-rock star persona, Adele is rolling out the album through no-drama television appearances including a concert to be taped at New York’s Radio City Music Hall.
The recording business, devastated by the advent of online music in the late 1990s, has stabilized in recent years, but has struggled to post net growth.
Online streaming and, on a smaller scale, vinyl have brought in new revenue, but the number of blockbuster albums, traditionally a driver of the industry, has been dwindling.
Country-turned-pop sensation Taylor Swift’s 1989 was the only album released last year to go platinum in the US, defined as selling more than 1 million copies — and industry watchers believe Adele may outdo her.
“I think it [Adele’s album] is certainly going to make a mark on the year, it’s going to make a mark on the fourth-quarter selling season, and I think it will make a mark on the way people look at the future of albums,” said James Donio, president of the Music Business Association, a US-based trade group.
“Granted, every artist isn’t Adele, every artist isn’t Taylor. They are exceptions, but they do underscore the fact that for the right artist at the right time, people do embrace a work of art [in] totality,” he said.
Only one album released this year has gone platinum so far in the US — Canadian rapper Drake’s mixtape If You’re Reading This It’s Too Late.
The US music industry’s profits were flat in the year’s first half, although several countries saw growth, including Britain, Germany and Italy.
Adele’s return has risked overshadowing Bieber’s Purpose, the first album by the 21-year-old Canadian in three years, during which he has drawn more attention for his personal travails than his music.
Hello quickly crushed a record for first-week streams set by Bieber for What Do You Mean?, his album’s first single that is notable for its smooth tropical-house beat.
Bieber previously sensed greater competition from One Direction, accusing the British boy band of releasing its new album on the same date to piggyback on his publicity.
One Direction has churned out an album every holiday season without fail since 2011 after the young men won fame on television contest The X Factor.
However, the band has said it will take a hiatus after Made in the A.M., its first album without founding member Zayn Malik, whose departure helped sully the group’s squeaky clean image.
Coldplay’s frontman Chris Martin said last year that the English rockers were recording an album called A Head Full of Dreams that would be the finale for one of the defining bands of the 2000s.
While Coldplay has not confirmed the release date, it posted rainbow-colored rings on its social media pages on Tuesday. Without commentary, posters with an identical image have appeared around London with the date Dec. 4.
R&B superstar Rihanna has said that her first album in three years, Anti, will be out soon, without specifying a date.
The New York Post reported that Rihanna is finalizing a US$25 million deal with South Korean electronics giant Samsung to market Anti, after rival Apple sponsored artists including U2 and Drake.
Rock legends Bob Dylan and Bruce Springsteen are also planning releases in the shape of box-sets of classic works with outtake tracks.
Another all-time great, David Bowie, is releasing only his second album of new material in the past decade, although it will come out in January.
Among other pre-holiday releases, Psy will put out his first album since the South Korean’s quirky viral hit Gangnam Style, while Canadian electropop artist Grimes will follow up on her breakthrough 2012 album Visions.
Former teen star Selena Gomez and Australian pop band 5 Seconds of Summer already put out albums last month that went to No. 1 on the US Billboard chart.
Merida Industry Co (美利達) has seen signs of recovery in the US and European markets this year, as customers are gradually depleting their inventories, the bicycle maker told shareholders yesterday. Given robust growth in new orders at its Taiwanese factory, coupled with its subsidiaries’ improving performance, Merida said it remains confident about the bicycle market’s prospects and expects steady growth in its core business this year. CAUTION ON CHINA However, the company must handle the Chinese market with great caution, as sales of road bikes there have declined significantly, affecting its revenue and profitability, Merida said in a statement, adding that it would
Greek tourism student Katerina quit within a month of starting work at a five-star hotel in Halkidiki, one of the country’s top destinations, because she said conditions were so dire. Beyond the bad pay, the 22-year-old said that her working and living conditions were “miserable and unacceptable.” Millions holiday in Greece every year, but its vital tourism industry is finding it harder and harder to recruit Greeks to look after them. “I was asked to work in any department of the hotel where there was a need, from service to cleaning,” said Katerina, a tourism and marketing student, who would
i Gasoline and diesel prices at fuel stations are this week to rise NT$0.1 per liter, as tensions in the Middle East pushed crude oil prices higher last week, CPC Corp, Taiwan (台灣中油) and Formosa Petrochemical Corp (台塑石化) said yesterday. International crude oil prices last week rose for the third consecutive week due to an escalating conflict between Israel and Iran, as the market is concerned that the situation in the Middle East might affect crude oil supply, CPC and Formosa said in separate statements. Front-month Brent crude oil futures — the international oil benchmark — rose 3.75 percent to settle at US$77.01
RISING: Strong exports, and life insurance companies’ efforts to manage currency risks indicates the NT dollar would eventually pass the 29 level, an expert said The New Taiwan dollar yesterday rallied to its strongest in three years amid inflows to the nation’s stock market and broad-based weakness in the US dollar. Exporter sales of the US currency and a repatriation of funds from local asset managers also played a role, said two traders, who asked not to be identified as they were not authorized to speak publicly. State-owned banks were seen buying the greenback yesterday, but only at a moderate scale, the traders said. The local currency gained 0.77 percent, outperforming almost all of its Asian peers, to close at NT$29.165 per US dollar in Taipei trading yesterday. The