Report shows Vinyl sales are still skyrocketing as Digital drops

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Report shows Vinyl sales are still skyrocketing as Digital drops

Hey, guess what. 2017’s top selling album was released 50 years ago. Just let that sink in.

As reported by Billboard, Nielsen Music has released released their Q3 report, collecting data from album sales in the United States over the first nine months of 2017 and the wax renaissance is clearly still alive and well.

It’s a shame to see that both physical and digital album sales have dropped 13.3% and 19.5% respectively, while vinyl sales have continued to grow, adding an extra 3.1% to 2016’s total of 9.07 million units. Not far from the 10 million mark, with another three months to go of 2017, the total of 9.35 million units sold gives vinyl 16% of the physical album sales market – its highest share in the post-CD era.

The craziest part about this is that The Beatles’ Sgt. Pepper’s Lonely Hearts Club Band, an album celebrating its 50th birthday this year, has been this year’s biggest seller, shipping 40,000 units so far. John, Paul and the boys have still got it.

Meanwhile, back in internet land, streaming continues to dominate the industry, with total on-demand streams for audio and video hitting 442.44 billion, up 40.5% on the first nine months of 2016.

What a time to be alive, right? Are you still buying vinyl?

(Source: Vinyl Factory)


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