News

Lou Reed’s death spurs sales spike

Lou Reed’s death spurs sales spike

LOU REED: The iconic rocker passed away at the age of 71. Photo: Associated Press

LOS ANGELES (AP) — It’s a sad rule about the death of musicians: it’s great for sales.

Billboard reports sales of music by Lou Reed and by Velvet Underground have spiked since his death.

Reed sold about 1,000 copies of his albums the week before he died and about 3,000 in the week ending Sunday, the day he died. That’s a 607 percent increase.

EXTRA: Rocker Lou Reed dies at 71

Velvet Underground sales went up 236 percent.

Billboard analyzes data by the week, so it’s likely Reed will see even bigger increases in the full week after his death, which will show up in next week’s data.

Latest Headlines

5 hours ago in Sports

The best sports shots this week

A horse is ridden to the track for a workout at Churchill Downs Thursday, May 5, 2016, in Louisville, Ky. The 142nd running of the Kentucky Derby is scheduled for Saturday, May 7. (AP Photo/Charlie Riedel)

A look back at some of the biggest plays and best moments in sports this week.

5 hours ago in Sports

The weekend sports schedule

derby16125540087682

Here’s a look at some of the sporting events taking place this weekend.

12 hours ago in Entertainment, Sports

Kobe Bryant’s ‘Dear Basketball’ to get Disney treatment

KOBE472419167185

Kobe Bryant's farewell poem to basketball is going to be turned into a short film.

13 hours ago in Music

Axl Rose jumped at the chance to replace Brian Johnson in AC/DC

axlrose

The Guns N' Roses star will make his debut as the Australian rock act's new singer on Saturday.

13 hours ago in Sports

Paterno’s son: Supposed 1976 allegation vs. father is ‘bunk’

joepa16127363890593

Joe Paterno's son says an allegation made by insurers that a boy told the longtime Penn State football coach in 1976 that he had been molested by former assistant coach Jerry Sandusky is "bunk."