Tue. Mar 26th, 2019

Vinyl and cassette sales saw double digit growth last year

Vinyl and cassette sales saw double digit growth last year

Albums sold on vinyl and cassette both saw double digit sales growth in the US last year, according to a new report produced by BuzzAngle (via Genius). Vinyl sales grew by just shy of 12 percent from 8.6 to 9.7 million sales, while cassette sales grew by almost 19 percent from 99,400 to 118,200 copies sold in the US. It wasn’t quite the 41.8 percent growth seen in music streaming, but it’s still very impressive for two formats that are decades old.

The popularity of both physical formats seems to be being driven by sales of older albums. BuzzAngle reports that over 66 percent of vinyl sales are of albums that are over three years old, with releases from Michael Jackson, The Beatles, Fleetwood Mac and Pink Floyd all featuring in the list…

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Source: https://www.theverge.com/2019/1/6/18170624/vinyl-cassette-popularity-revival-2018-sales-growth-cd-decline

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