Vinyl Vs Cd Sales 2016

Last year nearly two thirds of all revenue over 5 7.

Vinyl vs cd sales 2016. Vinyl has also experienced eight consecutive years of growth despite almost dying out around. The analogue format made of polyvinyl chloride had been the main vehicle for the commercial distribution of pop music from the 1950s until the 1980s and 1990s when they were largely replaced by the compact disc cd. Steady throughout 2016 it can. 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.

A decline in shipments may mean fewer new releases or vinyl re issues than in 2015. Tue 6 dec 2016 13 12 est. Furthermore there was an 18 5 year over year increase in sales of new vinyl from 2016 to 2017. 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.

New album releases have been most affected by the continued contraction falling 20 2 percent overall to. According to nielsen soundscan vinyl album sales are up 13 vs. The sale of vinyl albums reached 1 2m while digital sales were 4 4m. 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. Vinyl sales continued to move up and to the right growing 11 4 percent to 6 2 million. 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. In 2016 the music industry made more than half of its revenue from streaming for the first time and that growth continued into 2017.