Vinyl Sales to Hit a Million in 2014
For the first time in almost 20 years sales of vinyl are on track to surpass the one million mark in 2014, according to Official Charts Company data revealed by BPI recently.
It was back in the Brit-pop era of the 90s when sales figures last hit such a high, with sales of 1,083,206 units clocked up in 1996. In that year the Fugees album ‘The Score’ was the bestselling LP.
In the late 90s and throughout the 2000s vinyl sales slumped, however recently the tables have turned for the near extinct format with sales in the first nine months of 2014 approaching 800,000. This means that sales have already topped 2013’s total figure of just 780,674 and are well on track to hit the 1 million mark.
BPI’s Lynne McDowell said of the revival of LPs: “Vinyl may once have been considered a by-product of a bygone era but it is now well and truly a flourishing format making a come-back in a digital age. In an increasingly-digitised world, it appears that music fans still crave a tangible product that gives them original artwork, high audio quality, and purity of sound.”
“Vinyl enthusiasts are now able to enjoy the renaissance of the format with a string of releases being made available on the format from emerging and established acts” McDowell continued. “From Record Store Day and Amazon Autorip to Listening Parties and initiatives like Secret 7”, there have never been more opportunities explore the magic that vinyl can offer.”
Vinyl is clearly being embraced by fans this year with 112 titles having sold more than 1,000 copies each in this format this year alone. This is a big increase compared to 2013, when only 50 titles sold over 1,000 LPs. Perhaps this is down to high profile established artists releasing new material in this format not to mention the high calibre of new acts choosing to embrace vinyl.
Newcomers such as Royal Blood sit alongside firm favourites such as Jack White, Oasis and Led Zeppelin in the list of best-selling records released by BPI recently. Arctic Monkeys’ AM has held on to the top spot so far this year, having already been crowned the annual bestseller for 2013.
April saw a huge surge in sales with the help of a very successful Record Store Day, however it was actually September that has been the busiest month for vinyl enthusiasts so far in 2014, with almost 112,000 records sold during that month.
Official Vinyl Albums Top 10 – 2014 Year to Date (Weeks 1-39 of 2014)
1. AM - Arctic Monkeys
2. Lazaretto - Jack White
3. Definitely Maybe - Oasis
4. Royal Blood - Royal Blood
5. Led Zeppelin - Led Zeppelin
6. The Stone Roses - Stone Roses
7. Led Zeppelin - Led Zeppelin
8. The Dark Side Of The Moon - Pink Floyd
9. Led Zeppelin 2 - Led Zeppelin
10. Whatever People Say I Am That's What I'm Not - Arctic Monkeys