Adele Makes No Plans to Release New Album Until Next Year
It's not just the fans who are hurting, it's the record companies too. Adele hasn't made any plans to record a new album for the rest of the year despite what a cryptic Twitter post might tell you.
Her largest release, 21, sold more than 25 million copies around the world, which was a glimmer of hope in the sinking modern music business. And Adele's label, XL Recordings, made $15 million in net profit on almost $61 million in revenue in 2013 according to The New York Times.
So why would she want to stay away from the limelight? Her label posted that there would be a fall in turnover and profits, which sounds like the British singer is needed more than ever.
Columbia Records, which is a unit of Sony Music Entertainment, has also felt the blowback. As the label has distributed her last two albums, their music sales have been on the decline.
Only five albums released in the last year have sold more than a million copies in the U.S., only Disney's Frozen has sold more than 3 million.
Next year brings a better idea of when the singing heavyweight will return to the scene with some new material.
Until then, this is all we got.© 2016 The Classical Art, All rights reserved. Do not reproduce without permission.