Vinyl Vs Cd Sales 2016

Vinyl has also experienced eight consecutive years of growth despite almost dying out around.

Vinyl vs cd sales 2016.

03 january 2017 the official top 40 biggest selling vinyl albums and singles of 2016 sales of vinyl passed three million in 2016 the highest for the format in 25 years. The sale of vinyl albums reached 1 2m while digital sales were 4 4m. Amid all the talk of music streaming and the renaissance of vinyl the continued plummeting of cd sales hasn t been getting a lot of attention in recent years according to the recording industry. Sales of vinyl in 2016 reached a 25 year high as consumers young and old have once again embraced physical formats of music.

According to nielsen soundscan vinyl album sales are up 13 vs. Vinyl sales continued to move up and to the right growing 11 4 percent to 6 2 million. In 2016 the music industry made more than half of its revenue from streaming for the first time and that growth continued into 2017. More than 3 2m lps were sold last year a rise of 53 on last year and.

New album releases have been most affected by the continued contraction falling 20 2 percent overall to. Vinyl sales increased by 55 8 from 2010 to 2011 and then 131 8 from 2011 to 2012. The vinyl revival is the renewed interest and increased sales of vinyl records or gramophone records that has been taking place in the western world since about 2007. A decline in shipments may mean fewer new releases or vinyl re issues than in 2015.

The first 37 weeks of 2015. Music streaming was up 92 percent from 2014 and physical album sales for new releases dropped 14 percent while catalog album sales only decreased by 2 percent. Furthermore there was an 18 5 year over year increase in sales of new vinyl from 2016 to 2017. Steady throughout 2016 it can.