Vinyl Increase Sales

Vinyl records earned 224 1 million on 8 6 million units in the first half of 2019 closing in on the 247 9 million on 18 6 million units generated by cd sales.

Vinyl increase sales.

Vinyl sales have been steadily increasing in recent years but this increase is a particularly impressive feat for the format after the pandemic caused record shops to close for several months. Since the turn of the millennium cds have been partially replaced by digital downloads and streaming services. That 802 000 haul is also the largest week for vinyl album sales since the week ending dec. Aug 27 2020 continuing one of the more surprising comebacks of the digital age vinyl album sales in the united states have grown for the 14th consecutive year.

Vinyl sales increased by 55 8 from 2010 to 2011 and then 131 8 from 2011 to 2012. In 2019 18 8 million lps were sold. Vinyl revenue grew by 12 8 in. Alongside a rise in sales submissions to the site also grew substantially with 337 847 vinyl submissions reported by the end of june.

The vinyl revival is the renewed interest and increased sales of vinyl records or gramophone records that has been taking place in the western world since about 2007. Last year marking a 52 increase over the year before. The analogue format made of polyvinyl chloride had been the main vehicle for the commercial distribution of pop music from the 1950s until the 1980s and 1990s when they were largely replaced by the compact disc. Furthermore there was an 18 5 year over year increase in sales of new vinyl from 2016 to 2017.

So if most of the 1000 indie retailers don t report sales that s about a third of retail sales of new vinyl going unreported meaning that new vinyl sales are likely to be about 50 higher than. That s a 63 increase compared to the previous week s sales. 26 2019 when 1 243 million copies. More than 3 2m lps were sold last year a rise of 53 on last year and.