Vinyl Sales Report 2016

Vinyl sales hit 2 4m last week compared with the 2 1m made from digital music purchases further proof that record shopping has gone mainstream.

Vinyl sales report 2016.

The highest since 1988. The vinyl record industry exploded in the last several years with millions of people buying records of new and legacy recordings. This marks 11 years of year over year increases for vinyl lps reaching a record sales level in the nielsen music era since 1991 with over 13 million sales this year. But how is such a dated format making a comeback.

Came out to 430 million the best they format did since 1985. Vinyl lp sales grew to over 11 of total physical album sales in 2016. Back in june charlotte hassan reported that vinyl sales have actually gone up according to nielsen reports. By adam smith september 22 2016 the sale of vinyl records has decreased by 9 1 per cent year on year in the us according to the recording industry of america dropping from 9 2m sales to 8 4m.

The vinyl resurgence may be nearing its end. Furthermore there was an 18 5 year over year increase in sales of new vinyl from 2016 to 2017. The official list of record store day 2019 releases climbing 8 from 2017 revenue from vinyl sales now accounts for a more than one third of all physical formats. 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.

While sales have gone up prices have as well. However vinyl sales were still a very small proportion of total music sales. Buzzangle outlined the year s 25 best selling vinyl record a list led by soundtracks and classic. Pink floyd s the endless river became the fastest selling uk vinyl release of 2014 and the fastest selling since 1997 despite selling only 6 000 copies.

According to data from ebay a new vinyl record cost. Vinyl album sales accounted for 13 7 of all physical sales up from 10 in 2017 and 8 in 2016. Tue 6 dec 2016 13 12 est. Let s take a look.

In 2016 3 2 million vinyl records were sold in the uk the best sale for a quarter of a century. The recording industry association of america riaa has published its end of year report for 2018 with revenue from vinyl sales in the us reaching its highest point since 1988.