Vinyl Sales Have Gone Up, CD Sales Keep Going Down

#Music

Fri, Jan 10th, 2014 10:00 by capnasty NEWS

According to Statista's Felix Ritcher, while 2013 showed CD sales had declined 14.5 percent and digital album sales had stagnated, the "LP sales grew by 32 percent from 4.55 million units in 2012" to 6 million units.

Between 2002 and 2012, Vinyl LP sales in the United States had already increased by 250 percent , while total recorded music shipments had dropped nearly 50 percent. Unfortunately, the resurgence of the LP only has a marginal effect on the industry as a whole. In 2013, vinyl albums accounted for just two percent of total album sales in the U.S., while CDs (57.2%) and digital albums (40.6%) accounted for the lion's share of sales.

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