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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
TechAdele

Adele Single ‘Hello’ Hits 500 Million Video Streams, CD Sales Pop

Jeff John Roberts
By
Jeff John Roberts
Jeff John Roberts
Editor, Finance and Crypto
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Jeff John Roberts
By
Jeff John Roberts
Jeff John Roberts
Editor, Finance and Crypto
Down Arrow Button Icon
November 26, 2015, 4:57 PM ET
85th Annual Academy Awards - Show
Singer Adele performs onstage during the Oscars held at the Dolby Theatre on February 24, 2013 in Hollywood, California. (Photo by Mark Davis/WireImage)Photograph by Mark Davis — WireImage/Getty Images
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Adele’s new album, 25, debuted a week ago, and the numbers so far are staggering. The album has reportedly sold nearly 3 million copies, including 1.45 million digital ones, which breaks a weekly record set in 2000 by boy-band ‘NSYNC. Meanwhile, the first single from the album, Hello, had already been viewed nearly 500 million times as of Thanksgiving afternoon.

To put this in context, Hello, has been out for only a few days and is already on Vevo’s “most viewed of all time” list, where it could soon eclipse the list’s #1 (Taylor Swift’s Blank Space) and #2 (Justin Bieber’s Baby).

Here is a screenshot, showing a counter at the bottom of Vevo, where the video single appears:

Adele screenshot

Meanwhile, Adele seems to have single-handedly brought about a return to relevance of CDs. Based on Billboard’s report, Adele has sold over a million of the things—even if many millennials don’t know how to play them. Ironically, it appears some people bought the CD only as a cheaper way to get hold of an online version through Amazon (which gives shoppers a free digital copy of any CD they buy through an “AutoRip” program):

https://twitter.com/tubofguts/status/669655236118728705
https://twitter.com/tubofguts/status/669655408852758528

All of this will no doubt provide further grist for the music industry, which has been in a furious debate over how and when musicians should stream their songs. Unlike nearly everyone else, Adele chose not to let streaming services like Spotify or Apple Music play 25. The only song currently available for streaming is Hello, which Adele is hosting on her own Vevo channel (songs can also be heard on Pandora but that’s a different situation because Pandora is a radio service that doesn’t let users call up a song on-demand).

The upshot is that some may be tempted to follow Adele’s example in hope that a lack of streaming options will lead fans to buy the music instead. While Taylor Swift has likewise advocated for this approach, the reality is that shutting off streaming may be feasible only for a tiny handful of mega-mega-stars like Swift and Adele. Everyone else, especially those who lacks the stars’ massive marketing machine, may find that the exposure and ad money they get from streaming is worth more than holding out for album sales.

An earlier version of this article incorrectly stated the date of previous ‘NSYNC record. The record was from 2000, not 1991. For more about Adele, watch this Fortune video:

 

About the Author
Jeff John Roberts
By Jeff John RobertsEditor, Finance and Crypto
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Jeff John Roberts is the Finance and Crypto editor at Fortune, overseeing coverage of the blockchain and how technology is changing finance.

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