Vinyl Sales Rise By Another 52 Percent
Have we reached peak vinyl? Not just yet, apparently. The RIAA released their mid-year stats for 2015 this week, and vinyl revenues grew 52.1% compared to last year, pulling in $226 million total. That’s almost half of the total revenue for CDs ($494.4 million), which fell over 30% compared to 2014. Vinyl is still largely a niche product, but that’s a good sign for an industry where physical media is flagging. Coupled with the nascent “cassette revival,” it kind of feels like we’re back in the ’80s!
Read our recent feature “Have We Reached Peak Vinyl?,” or check out a look at vinyl revivalism done wrong in “VNYL Sliding.”