Monday, August 1, 2011

It's Everywhere: Vinyl Sales Jump 55% In Britain...

This is a cross-Atlantic phenomenon, and now we have more numbers to prove it. According to latest stats from the UK-based Entertainment Retailers Association (ERA), sales of vinyl LPs surged 55 percent in the first half of this year in Britain, to 168,296 units. Leading the charge was Radiohead, whose King of Limbs shifted 20,771 copies.

But the story gets even more interesting, because the average price of vinyl easily beats CD and digital albums, according to the ERA findings. Specifically, vinyl enjoyed average LP prices of £16.30 ($26.78), compared to £7.82 ($12.84) for CDs and £6.80 for digital albums ($11.17).

That follows a very impressive, 41 percent jump in the US to 1.9 million first-half units, according to Nielsen Soundscan. Which all sounds like good news, though overall, this remains a small percentage of overall recording sales.

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