2015 vinyl sales: 26-year high in US
If trends continue, vinyl sales in the US will set records in 2015.
The Recording Industry Association of America has posted sales of nine million vinyl albums in the first half of 2015, compared with 14 million in the whole of 2014.
CNBC reports that the last time vinyl sales were so high in the US was in 1989, before compact discs began to dominate the music market in 1990.
“It’s definitely a bright spot for the business,” said Josh Friedlander, RIAA’s senior vice president of strategic data analysis. “In an increasingly digital age, vinyl records can provide a deeper, tactile connection to music that resonates with some of the biggest fans.”
It was recently announced that vinyl is the fastest growing music format, having overtaken streaming in terms of revenue.
Figures released in the US show that vinyl sales have increased by 52 per cent year-on-year to $222 million in the first half of 2015.
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