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riseofthevinyl

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Rise of<br />

The Vinyl<br />

Designed by Timothy Egedus


Table of<br />

Contents<br />

The Vinyl Boom<br />

1<br />

Vinyl Record Sales (U.S.)<br />

3<br />

Vinyl Record Sales (U.K.)<br />

5<br />

Top-Selling Vinyl Records<br />

7<br />

Top-Selling Vinyl Records (2015)<br />

9<br />

Bringing in the Revenue<br />

12<br />

Vinyl Record Revenue<br />

13<br />

Where to Buy?<br />

15<br />

Top Five Vinyl Record Retailers<br />

17<br />

Why Vinyl?<br />

19


The Vinyl Boom<br />

Since the early 1990s, vinyl record sales have been skyrocketing.<br />

According to Nielsen, an online music statistics site, U.S. album sales<br />

between January and March of 2015 were 53% higher than last year,<br />

driven largely by solid gains in “catalog album sales” (Brandle).<br />

In the U.S., vinyl album sales have increased by 260% since 2009. Vinyl<br />

unit sales rose to 9.2 million in 2014, up from 6.1 million in 2013.<br />

1


In the U.K., sales reached a 20-year high, nearly 1.29 million units sold<br />

in 2014. This is a 65.1% increase from the year prior where 780,764<br />

were sold. Official Charts Company’s data reveals that this trend is<br />

continuing at a steady pace.<br />

2


Vinyl Reco<br />

Percent Increase of Millions of Units Sold in the<br />

U.S. from 2010-2014<br />

2010-2.8 Million Units Sold<br />

2011-3.8 Million Units Sold<br />

2012-4.6 Million Units Sold<br />

32.6% Increase<br />

2012‐2013<br />

2013-6.1 Million Units Sold<br />

2014-9.2 Million Units Sold<br />

35.7% Increase<br />

2010‐2011<br />

3


d Sales<br />

50.8% Increase<br />

2013‐2014<br />

4


Vinyl Reco<br />

Percent Increase of Millions of Units Sold in the<br />

U.K. from 2010-2014<br />

2010-234,471 Units Sold<br />

130.5% Increase<br />

2012‐2013<br />

2011-337,041 Units Sold<br />

2012-338,768 Units Sold<br />

2013-780,764 Units Sold<br />

2014-1,288,510 Units Sold<br />

48.56% Increase<br />

2010‐2011<br />

5


d Sales<br />

65.1% Increase<br />

2013‐2014<br />

6


Top-Selling<br />

Vinyl Records<br />

The Beatles 1969 album, Abbey Road, was the topselling<br />

vinyl record for many years, but in 2012, Jack<br />

White’s Blunderbuss surpassed that record, selling<br />

34,000 units, while Abbey Road sold 30,000 units.<br />

Taylor Swift’s 1989 matched that total in early 2015.<br />

7


8


Top-Selling<br />

Outer white ring represents Jack White’s<br />

Lazaretto record, where 60,000 units have been<br />

sold so far.<br />

1. Taylor Swift<br />

1989<br />

34,000<br />

2. Sufjan Stevens<br />

Carrie & Lowell<br />

32,000<br />

3. Arctic Monkeys<br />

AM<br />

27,000<br />

9


Records<br />

Of 2015 so far<br />

4. Alabama Shakes<br />

Sound & Color<br />

26,000<br />

5. Miles Davis<br />

Kind of blue<br />

23,000<br />

6. Sam Smith<br />

In the Lonely Hour<br />

23,000<br />

10


11


Bringing in<br />

the Revenue<br />

CD sales and digital album sales have been on a downward spiral lately.<br />

CDs are taking the biggest hit. In 2014, CD sales totalled 140.8 million<br />

units sold, a decrease of 14.87%, compared to the year prior where 165.4<br />

millions were sold. Digital album sales are also suffering. 111 million<br />

units were sold in 2014 and 117.6 million units sold in 2013, a decrease<br />

of 5.6%.<br />

While CD and digital album sales are declining, vinyl record sales are<br />

climbing and bringing in revenue. In 2014, vinyl record sales totalled<br />

347 million U.S. dollars. In the first half of 2015, vinyl records have raked<br />

in $226 million.<br />

12


13<br />

Vinyl Recor


of course, restores this ability.”<br />

d Revenue<br />

in Millions of U.S. Dollars<br />

14


Where to Buy?<br />

The rise in popularity of vinyl makes it very easy to find and purchase<br />

records at stores and online. Amazon, currently the top retailer for<br />

vinyl sales, makes purchasing them very easy at the comfort of your<br />

own home. In a matter of seconds you can purchase the record you<br />

want and have it shipped to you. If you prefer to sift through someone’s<br />

milk crate vinyl collection, you can head over to Urban Outfitters,<br />

which was the top vinyl seller in 2013.<br />

15


16


TOP Five<br />

Vinyl Record<br />

12.3%<br />

Amazon<br />

8.1%<br />

Urban Outfitters<br />

2.7%<br />

Hastings Entertainment<br />

2.4%<br />

Hot Topic<br />

2.1%<br />

Trans World Entertainment<br />

17


Retailers<br />

18


Why Vinyl?<br />

Many people choose vinyl over digital because it emits a clearer,<br />

warmer, and richer sound. Jon Lloyd, a music genre specialist at Juno<br />

Records, says that digital music has been its own worst advertisement<br />

over the last decade because “[y]ou can set up a digital music label for<br />

a [relatively] very low cost meaning the market is flooded with record<br />

labels that aren’t particularly high on quality control.” The low quality<br />

music that is being produced gives us insight as to why people are<br />

choosing vinyl records over digital music.<br />

Older people who grew up listening and owning a vinyl collection<br />

are experiencing nostalgia and are also contributing to vinyl sales.<br />

However, the youth is also purchasing vinyl records, and it has a large<br />

part to do with the physicality of the record.<br />

Vinyl records offer us something that a digital file does not. A vinyl<br />

record is tangible and the act of putting on a record makes listening to<br />

it a little more peronal and special rather than listening to a playlist that<br />

can go on for hours. Many vinyl records also include a reedemable mp3<br />

download of that album with a customer purchase. A vinyl collection<br />

is also something that everyone can see and gives them insight as to<br />

what kind of music you enjoy listening to.<br />

19


“What we display in public is used to send social signals<br />

about our identities. Making our taste in music visible has<br />

historically played an important role in such signalling for<br />

many people. Owning a vinyl collection, of course, restores<br />

this ability.”<br />

—Nik Pollinger<br />

Digital Anthropologist<br />

20

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