Record industry sees its savior in Adele

Associated Press

NEW YORK

Hello, it’s Adele, and she’s going to give the music industry a much-needed boost this year with “25.”

The singer’s hotly anticipated album, released Friday, is projected to sell more than a million units in its debut week, helping the ailing record business in the final quarter of the year.

Bakula noted that Taylor Swift’s “1989,” which was released last October and sold more than 3 million albums in roughly two months last year, helped 2014 close on a strong note.

“We’re down about 20 percent year-over-year because we are going up against that Taylor Swift record with nothing at this point, but once the Adele record comes out, I don’t think there’s anybody that doesn’t doubt that this thing can sell very comparably, if not a little better on a week-over-week basis than Taylor Swift did last year,” said said David Bakula, Nielsen Entertainment’s senior vice president of industry insights.