Vinyl sales at their highest for 12 years

[Cupe]

Sales of LPs have doubled to 550,000 this year and the format has become the favourite of nearly nine in 10 vinyl buyers, according to the record industry body BPI.

Releases from bands such as Daft Punk, Arctic Monkeys and David Bowie have helped to push the popularity of vinyl recordings to renewed heights.

The figure reflects year-on-year growth of more than 100 per cent. LPs now account for 0.8 per cent of all albums sold in the UK. As recently as 2007, the share was 0.1 per cent. Record Store Day, a celebration of independent record shops which took place in April, generated £2 million of vinyl sales. With 15,000 LPs bought every week, BPI estimates that more than 700,000 units could be sold by the end of the year, the highest since 2001, potentially generating £12 million at retail.

While Daft Punk lead the charts for the biggest-selling LP of the year with Random Access Memories, it is Manchester’s Britpop pioneers, Oasis, who hold the title for the two bestselling LPs since official charts records began.

Their album (What’s the Story) Morning Glory has sold the most vinyl records since 1994, edging the band’s debut Definitely Maybe into second place. Geoff Taylor, BPI’s chief executive, said: “The LP is back in the groove. We’re witnessing a renaissance for records — they’re no longer retromania and are becoming the format of choice for more and more music fans.

“While sales only account for a small percentage of the market, vinyl sales are growing fast as a new generation discovers the magic of 12 inch artwork, liner notes and the unique sound of analogue records, often accompanied by a download code for mp3s.”

Kim Bayley, of the Entertainment Retailers Association, said it put paid to the idea “that either vinyl or record stores themselves are on the way out”.

Source: telegraph.co.uk

[Tosh1R]

snap, crackle & pop

[russell]

viva la vinyl

[Kodiak]

Rise of the hipster culture at the same time vinyl sales go up. Coincidence?

[Scottie]

being a hipster is so 2012

[Tomy]

Rise of the hipster culture at the same time vinyl sales go up. Coincidence?

100% correct. i wouldn't for a second think that this is because of the dj / dance community unfortunately

[russell]

Rise of the hipster culture at the same time vinyl sales go up. Coincidence?

100% correct. i wouldn't for a second think that this is because of the dj / dance community unfortunately

No, but they have kept it going since it was supposed to be all but dead a few years back. Vinyl still doing nicely in the underground too.

[OxyKon]

Rise of the hipster culture at the same time vinyl sales go up. Coincidence?

100% correct. i wouldn't for a second think that this is because of the dj / dance community unfortunately

No, but they have kept it going since it was supposed to be all but dead a few years back. Vinyl still doing nicely in the underground too.

I'm doing my part

[wrxfiend]

with all the DVS software around this really surprises me! I'll admit i havent bought much wax since i got serato. but then again the 90's stopped 13 years ago LOL!