Vinyl Sales Aren't Dead: The 'New' Billion Dollar Music Business - News Summed Up

Vinyl Sales Aren't Dead: The 'New' Billion Dollar Music Business


Vinyl records are projected to sell 40 million units in 2017. This will bring the past seven years’ collective sales to the $1 billion benchmark for the first time this millennium. While explosive by today’s standards, according to Deloitte, in its heyday (‘81), total vinyl album sales topped $1 billion in just that year alone. According to Deloitte, new vinyl records and revenue will enjoy a seventh consecutive year of double-digit growth in 2017. Anytime he travels somewhere new, Spalding takes a dedicated day to find the record store and add to his collection.


Source: Forbes January 12, 2017 20:40 UTC



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