streptos music

(click to enlarge) 

 
When I asked RIAA spokesman Jonathan Lamy last October whether the
association was seeing a spike in vinyl record sales, he confounded my
expectation. "Our numbers, at least, don’t really point to a
resurgence," he said.

Indeed, the ’05 to ’06 numbers showed a decline in vinyl sales, but
the association’s new numbers confirm what we were driving at: vinyl
records made a major comeback last year.

According to the RIAA’s recently-released 2007 sales report, the
American music industry sold 36.6 percent more Extended Play (EP) and
Long Play (LP) records than it had in the previous year, increasing
vinyl sales revenue by 46.2 percent. CD unit sales, on the other hand,
declined 11.7 percent with revenue dropping 20.5 percent during the
same period.

I gathered plenty of evidence for this story,
and all of it pointed to a vinyl resurgence, which is why the RIAA’s
response didn’t seem to make much sense at the time. Now, it’s clear
that its numbers just hadn’t caught up to the trend. With this report,
the vinyl resurgence has been officially acknowledged by the RIAA.

see also:

• Vinyl May Be Final Nail in CD’s Coffin
• Testing Vinyl CDs: Groovy Up Top, Optical Down Below
• Next Elvis Costello Album Will Use Vinyl+Download Format
• LP+MP3: The Ultimate Music Format?

(via Music Ally)