Nine Inch Nails Drives Music Sales on Web

The latest successful album that was released over the Internet comes from the industrial rock group Nine Inch Nails. The release of the album "Ghost's I-IV" resulted in nearly 800,000 transactions within its first week of the release over the Internet, according to an announcement released by the band.

This figure includes a combination of paid digital downloads, online orders of limited edition vinyl & CD, an album boxed set, as well as free downloads that the band has made available. 9 of the 36 new tracks can downloaded for free at ghosts.nin.com.

In October of 2007, the popular alt-rock band Radiohead made waves releasing their new album “In Rainbows” over the Internet with and allowed consumers to choose their own price for the digital download – a first of its kind. Sales statistics were for album was not released.

A representative of Nine Inch Nails has stated that the release of "Ghost's I-IV" has generated more than $1.6 million of revenue from downloads and orders within the first week of sales. The band has not released sales data to Nielsen’s SoundScan, whose data is used in the music industry to track the Billboard 200 albums chart.