TAYLOR SWIFT is #1 on the "Billboard" chart for a third straight week after selling another 196,000 copies of her album "Red".  That's about 100,000 more than this week's #2 disc, the latest "Now That's What I Call Music" compilation.

Further down the list, NE-YO debuted at #4 with 66,000 copies of"R.E.D.", and AEROSMITH'S first album of all-original material since 2001, "Music From Another Dimension", moved 63,000 copies at #5.

Here's this week's full Top 10 . . . 

1.)  "Red", Taylor Swift  (196,000 copies)

2.)  (NEW)  "Now That's What I Call Music!  Volume 44"  (99,000 copies) 

3.)  "Merry Christmas, Baby", Rod Stewart  (74,000 copies) 

4.)  (NEW)  "R.E.D.", Ne-Yo  (66,000 copies)  

5.)  (NEW)  "Music From Another Dimension", Aerosmith (63,000 copies)

6.)  "Night Train", Jason Aldean  (48,000 copies)

7.)  "Babel", Mumford & Sons  (41,000 copies)

8.)  "Dreams & Nightmares", Meek Mill  (41,000 copies)

9.)  "Good Kid, M.A.A.D. City", Kendrick Lamar  (40,000 copies)

10.)  (NEW)  "Miracle", Third Day  (29,000 copies)