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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