The
equation facing the music business is now well understood: Sales of CDs
and digital music downloads are in what looks like a death spiral,
while streaming music services are adding subscribers and increasing
revenues but not yet profits.
But another corner of the music business is experiencing rapid growth: old-fashioned vinyl records.
According to the latest numbers from Nielsen Soundscan’s mid-year report,
released last week, vinyl record sales in the US were up more than 40%
in the first six months of 2014, with 4 million units sold. In 2013,
vinyl sales hit their highest level since at least 1991, with 6 million units sold. At the current pace, this year’s sales are on track to beat that again quite easily. source
No comments:
Post a Comment