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Practical World True News Magazine
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Practical World True News Magazine

#Business :Vinyl Sales Hit Record High in 2014

Vinyl Sales Hit Record High in 2014







Paid downloads for albums and songs declined,while streams soared.

Vinyl sales took a promising turn in 2014.

According to Nielsen SoundScan data out this week, vinyl records boasted $9.2 million in sales, up 52 percent from 2013—the highest numbers recorded on SoundScan since the music industry monitor started tracking them in 1991, the Wall Street Journal reports. Vinyl, however, still only accounted for six percent of album sales on the whole.

Paid downloads dropped 9 percent for albums and 12 percent for songs, while streaming services like Spotify boasted 164 billion song streams, a 54 percent increase from 2013.
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