Plus Pages

Saturday, January 19, 2019

Vinyl Album Sales Grew 15% in 2018


Vinyl album sales continue to be a bright spot among an otherwise bleak album sales picture, according to Billboard.

16.8 million vinyl albums were sold in 2018, according to Nielsen Music (up 14.6 percent) — marking the 13th consecutive year of growth for the format. 16.8 million is also a new yearly high for vinyl album sales since Nielsen Music began tracking sales in 1991.

Comparatively, overall album sales (vinyl LP, CD, digital, cassette, etc.) in 2018 fell 17.7 percent to 141 million.

Vinyl LP sales accounted for 11.9 percent of all album sales in 2018 (16.8 million of 141 million). In 2017, the format comprised 6.5 percent of album sales.

Perhaps not surprisingly, vinyl LPs were 19.1 percent of all physical album sales (CDs, LPs, cassettes, etc.) in 2018. That’s a new Nielsen-era record share for the once-dormant format, up from 14 percent in 2017.

Vinyl’s growing share of the physical album market isn’t shocking, considering CD album sales continue to falter.

In total, physical album sales equaled 88 million in 2018, down 15.8 percent. And of that sum, CD album sales were 70.7 million — down 20.9 percent.

The CD format continues to be the leader for all album purchases, while the digital format is the runner-up with 53.4 million digital albums sold in 2018 (down 20.7 percent).

Infographic: The Surprising Comeback of Vinyl Records | Statista You will find more infographics at Statista

TOP-SELLING VINYL ARTISTS

The top-selling vinyl albums artist in 2018 was the Beatles, with 321,000 copies sold of their catalog on vinyl. Their biggest seller was Abbey Road, which finishes the year as the No. 4 largest-seller, with 76,000 copies. The Fab Four also have two more titles among the year’s top 15-sellers: their self-titled (White Album) is No. 11 (56,000) and Sgt. Pepper’s Lonely Hearts Club Band is No. 13 (50,000).

The top 10-biggest selling vinyl acts of the year are rounded out mostly by classic and veteran rock acts: Pink Floyd (177,000), David Bowie (150,000), Panic! at the Disco (148,000), Fleetwood Mac (139,000), Led Zeppelin (138,000), Michael Jackson (131,000), Jimi Hendrix (119,000), Metallica (116,000) and Queen (113,000).

No comments:

Post a Comment