Vinyl In The News & The Comics

[DeltaSouth]

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.

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Rainbo Records, which has been pressing vinyl LPs since 1955, doubled its production from 2006 to 2007 and more than doubled record output this past year. The company currently presses 25,000 albums a day; that's up from a low of about 6,000 to 8,000 a day in the late 1980s through the late 1990s, when CDs were in their heyday.

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While sales of CD's have continued to drop over the last few years, 17 percent in 2007 from the previous year, sales of new vinyl LP's continue to surge, a 37 percent increase from 2006 to 2007. The Recording Industry Association of America states 1.3 million new vinyl recordings were sold in the United States in 2007, and analysts project annual sales to range from 1.6 million to 2 million by the end of 2008. Also, sales of new turntables nearly doubled in a year, from 275,000 in 2006 almost half a million in 2007.

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Amid otherwise gloomy music sales numbers released by Nielsen Co. this week, vinyl record sales doubled compared with the year before.

The number of long-play vinyl records sold in the United States rose to 1.88 million units, compared with 990,000 the year before.

While vinyl records represent just a fraction of total music sales, their resurgence could not come at a better time for another under-fire segment of the music industry, the independent record store.

Nielsen said almost two-thirds of the vinyl albums sold last year were from independent shops.

Edited January 20, 2009 by vinyldisc