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4/18/13- Vinyl makes resurgence!

todayApril 18, 2013

Background

vinyl
Research released by ICM today reveals that 18-24 year olds are driving the resurgence in sales of vinyl format music. This resurgence of vinyl is almost entirely enabled by independent record stores that are currently enjoying a period of measured growth after having declined in numbers from 2,200 in the 1980s to just under 300 today.
In the last month, 5% of the respondents had bought music in vinyl format. The most surprising finding from the research was that sales of new and vintage vinyl are biggest amongst 18-24 year olds (14% had bought vinyl in the last month compared to 9% of 25-34 year olds and 5% of 35-44 year olds), not what you might expect from the generation that has grown up with the CD, iTunes and online downloads.

Written by: Barry Scott

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