Vinyl sales set for another record year
UK sales of vinyl albums this year have already exceeded the total achieved in the whole of 2013, according to analysis by the Entertainment Retailers Association (ERA).
UK sales of vinyl albums this year have already exceeded the
total achieved in the whole of 2013, according to analysis by the
Entertainment Retailers Association (ERA).
Year-to-date sales of vinyl albums now total 844,122, according
to ERA analysis of Official Charts Company data, compared with the
829,243 sales recorded in 2013. With three months of the year still
left to run, that means total 2014 vinyl sales will almost
certainly exceed one million, more than four times their level as
recently as 2008.
Entertainment Retailers Association Director General Kim Bayley
said, "This is an extraordinary turnaround. Independent retailers
were first to identify the untapped potential for vinyl and made it
the focus of Record Store Day. With record labels now making more
vinyl available, this trend shows no sign of abating."
The biggest-selling vinyl album of 2014 to date is AM by Arctic
Monkeys, heading a Top 10 dominated by rock acts.
Bayley pointed out that vinyl still had some way to go before
vinyl becomes the UK's favourite physical format. The 844,122 vinyl
albums sold this year amount to less than 3% of the physical albums
market with a massive 97% on CD. "The compact disc remains the most
successful disc format of all time," said Bayley. "The fact that
nearly two-thirds of albums are still sold on CD more than 10 years
after the digital music revolution speaks for itself."
Source: Official Charts Company