Vinyl Sales Are Still on the Rise in 2015
At this point, it seems like just about everyone has heard that vinyl sales were up last year, rising from 6.1 million units sold in 2013 to 9.2 million in 2014. According to new figures from Nielsen, vinyl’s upward swing is still maintaining that trajectory into 2015. Between January and March of this year, vinyl sales were up 53 percent since that time last year.
What’s more, Nielsen found that it’s not just classic albums that are selling well on vinyl today, current artists are also benefitting from the rise in sales with a 37 percent increase in the first months of 2015. Overall, “catalog” album sales -- which Nielsen defines as albums that have been out for a minimum of 18 months -- are up 66 percent.
Nielsen counted up the sales for the top-grossing vinyl albums since 2010, which attests to the mixture of artists in regard to tenure. The Beatles’ Abbey Road topped the list with more than 172,000 units sold in the past five years, while Mumford and Sons’ debut, Sigh No More, was the runner-up with 110,000 albums sold. They were followed by Bon Iver’s For Emma, Forever Ago, Jack White’s Lazaretto, Arctic Monkeys’ AM and Pink Floyd’s Dark Side of the Moon.
Recently, IFPI found that digital music sales had caught up to physical sales in 2014, with both sharing a 46-percent share of overall revenue.