Thursday, January 6, 2011

Vinyl Sales Increase Despite Industry Slump


Arcade Fire, Black Keys and the Beatles lead in LP sales

Though overall album sales dropped 13 percent in 2010, sales of vinyl increased by 14 percent over the previous year, with around 2.8 million units sold. This is a new record for vinyl sales since 1991, according to a report released yesterday by Nielsen SoundScan.

But overall, the music industry's sales trends are worrisome. Overall music sales — albums, singles, music videos and digital tracks — were down 2.4 percent from 2009, and total album sales — CDs, cassettes, vinyl and digital albums — were down 12.7 percent.

source: http://www.rollingstone.com/music/news/vinyl-sales-increase-despite-industry-slump-20110106

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