Vinyl Sales Are Up

August 25 2020 2 31 pm the biggest issue in the vinyl industry is the broken supply chain said the vinyl alliance a trade industry group in april 2020.

Vinyl sales are up.

Increasing shipping costs a lack of live concerts at which to sell merchandise and a slow down in new vinyl requests from musicians. Vinyl revenue was up 4 while cd revenue was down 48 the riaa found. 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. While cd sales are still in the lead with 247 9 million vinyl sales are projected to rise to the top.

The first week in september marked the biggest week in 2020 for album sales and vinyl record sales have been growing for. Sales of vinyl in 2016 reached a 25 year high as consumers young and old have once again embraced physical formats of music. Vinyl revenue grew by 12 8 in. Vinyl record sales up 17 percent.

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. Starting in late april vinyl sales in the us started to pick up and soon started to outpace 2019. Welcome to barnes noble s vinyl store. 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 cd.

More than 3 2m lps were sold last year a rise of 53 on last year and.