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Tuesday, November 10, 2015

Millennials Are Buying More Vinyl Records

The entertainment industry always loves a good comeback story, and music's latest resurgence is no exception. Despite an explosion in digital and streaming music — including Spotify, Apple Music, Pandora and Tidal — consumers are spending more money on vinyl records, and more vinyl buyers are millennials.

In 2014, more than 13 million vinyl long-playing albums, or LPs for short, were sold in America. And the first half of 2015 is showing similar sales strength with more than 9 million LPs sold, according to the Recording Industry Association of America.

The association says the last time it has seen such high LP sales was a quarter century ago, in 1989. At that time, nearly 35 million LPs were sold. Then in 1990, compact disc sales took off, and vinyl sales fell by the wayside.

The current surge in LP sales is partly being driven by younger consumers. Industry researcher MusicWatch reports half of vinyl record buyers are under 25, and men are more likely to buy LPs than are women.

More here

8 comments:

Anonymous said...

Good thing you had a photo.. a lot of young 'uns have probably never seen a 'record'.

Anonymous said...

Cause its sooooo trendy. I better go buy some 8 tracks.

Anonymous said...

Hipsters.

Anonymous said...

I am always able to find neat stuff for my retro room.I'm between the 50's and the 60's.I just found a really nice barely used 1964 Zenith color console TV with a 33 turntable and AM/FM radio.My brother told me that the turntable will also play 45's but we'll see.The mother of pearl kitchen dinette set that I found is flawless and made around 1955.

Anonymous said...

Your brother is correct, you just need to change the speed from 33.3 to 45. Some consoles have a plastic piece that holds the stack of 45's. Also, Zenith is really good quality.

Anonymous said...

I'm so old.

Anonymous said...

"..1964 Zenith color console TV with a 33 turntable and AM/FM radio."

Cool.

If it has a significant hum, be careful. The power supply capacitors may be bad, and you could get shocked. Get them replaced and you should be in business!

Anonymous said...

I love this trend. I think it is because young people want to have things they can touch, things that were cool, instead of everything digitized for instant consumption.

And man, you can't appreciate the fantastic album cover art with a freakin' iTunes download.

Good for them!