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Vinyl Makes a Comeback in 2008 Record Sales

Saturday, January 03, 2009 , Posted by Ras at 9:50 PM

What is old is now new! According to recently published Nielsen stats, in 2008, 1.88 million vinyl albums were purchased, more than in any other year since Nielsen SoundScan began tracking LP sales in 1991. The previous record was in 2000, when 1.5 million LP albums were sold. More than two out of every three vinyl albums bought in 2008 were purchased at an independent music store, according to SoundScan.

Vinyl record sales rose 14% between 2006 and 2007, from 858,000 to 990,000. In contrast, CD sales plummeted over the past three years, from 553.4 million in 2006 to 360.6 million in 2008. MP3 sales grew from 32.6 million to 65.8 million during the same time period, according to SoundScan. Where are the Hip Hop Vinyl records?


Currently have 1 comments:

  1. curtis giles says:

    lets not forget all the people that are keeping the 7" vinal alive....me and millions of people out there still have the jukeboxes we grew up looking at in our homes now and we still need the 7" vinal to fill our jukes. it is mind boggling to think in just the past year how many 45s that i have purchased....way to many to mention. lets keep this alive.