Vinyl revival

The Vinyl revival is the renewed interest and increased sales of vinyl records, or gramophone records, that has been taking place in the Western world since about 2007.[1]

The analogue format made of polyvinyl chloride had been the main vehicle for the commercial distribution of pop music from the 1950s until the 1980s and 1990s when they were largely replaced by the Compact Disc (CD). Since the turn of the millennium, CDs have been partially replaced by digital downloads and streaming services. However, in 2007, vinyl sales made a sudden small increase, starting its comeback, and by the early 2010s it was growing at a very fast rate. In some territories, vinyl is now more popular than it has been since the late 1980s, though vinyl records still make up only a marginal percentage (<6%) of overall music sales.[2]

Along with steadily increasing vinyl sales, the vinyl revival is also evident in the renewed interest in the record shop (as seen by the creation of the annual worldwide Record Store Day), the implementation of music charts dedicated solely to vinyl, and an increased output of films (largely independent) dedicated to the vinyl record and culture.

History

In June 2017, Sony Music announced that by March 2018 it would be producing vinyl records in-house for the first time since ceasing its production in 1989. The BBC reported that "Sony's move comes a few months after it equipped its Tokyo studio with a cutting lathe, used to produce the master discs needed for manufacturing vinyl records", but the company "is even struggling to find older engineers who know how to make records".[3]

In Canada and the United States

In 1988, the Compact Disc surpassed the gramophone record in popularity. Vinyl records experienced a sudden decline in popularity between 1988 and 1991,[4] when the major label distributors restricted their return policies, which retailers had been relying on to maintain and swap out stocks of relatively unpopular titles.

First, the distributors began charging retailers more for new product if they returned unsold vinyl, and then they stopped providing any credit at all for returns. Retailers, fearing they would be stuck with anything they ordered, only ordered proven, popular titles that they knew would sell, and devoted more shelf space to CDs and cassettes. Record companies also deleted many vinyl titles from production and distribution, further undermining the availability of the format and leading to the closure of pressing plants. This rapid decline in the availability of records accelerated the format's decline in popularity, and is seen by some as a deliberate ploy to make consumers switch to CDs, which were more profitable for the record companies.[5][6][7][8] But ever since 2007, the popularity of vinyl records has risen again. The largest online retailer of vinyl records in 2014 was Amazon with a 12.3% market share, while the largest physical retailer of vinyl records was Urban Outfitters with an 8.1% market share.[9]

In its 'Shipment and Revenue Statistics' report for 2016, the Recording Industry Association of America noted that "Shipments of vinyl albums were up 4% to $430 million, and comprised 26% of total physical shipments at retail value – their highest share since 1985".[10] In 2019, Rolling Stone said that "Vinyl records earned $224.1 million (on 8.6 million units) in the first half of 2019, closing in on the $247.9 million (on 18.6 million units) generated by CD sales. Vinyl revenue grew by 12.8% in the second half of 2018 and 12.9% in the first six months of 2019, while the revenue from CDs barely budged. If these trends hold, records will soon be generating more money than compact discs".[11] Best Buy discontinued CDs in 2019, but as of January 2020 still sells vinyl. Target Corporation and Walmart still sell CDs, but use less shelf space for them and use more space for vinyl records, players, and accessories.[12]

In the first half of 2020, vinyl recordings outsold CDs (in terms of revenue) in the US for the first time since the 1980s.[13]

In the United Kingdom

Similarly in the United Kingdom, the compact disc surpassed the gramophone record in popularity in the late 1980s. This started a gradual decline in vinyl record sales throughout the 1990s. Sales of vinyl LP records in the UK increased every year between 2007 and 2014 [14] In December 2011, BBC Radio 6 Music began an occasional Vinyl Revival series in which Peter Paphides met musicians who revealed, and played selections from, their vinyl record collections.[15] In November 2014, it was reported that over one million vinyl records had been sold in the UK since the beginning of the year. Sales had not reached this level since 1996. The British Phonographic Industry (BPI) predicted that Christmas sales would bring the total for the year to around 1.2 million. However, vinyl sales were still a very small proportion of total music sales. Pink Floyd’s The Endless River became the fastest-selling UK vinyl release of 2014 – and the fastest-selling since 1997 – despite selling only 6,000 copies.[16] In 2016, 3.2 million vinyl records were sold in the UK, the best sale for a quarter of a century.[17]

As of 2016 the revival continued,[18] with UK vinyl sales exceeding streaming audio revenue for the year.[3] In January 2017, the BPI's 'Official UK recorded music market report for 2016', using Official Charts Company data, noted that "Though still niche in terms of its size within the overall recorded music market, vinyl enjoyed another stellar year, with over 3.2 million LPs sold – a 53 per cent rise on last year".[19] The BPI also reported that "The biggest-selling vinyl artist was David Bowie, with 5 albums posthumously featuring in the top-30 best-sellers, including his Mercury Prize shortlisted Blackstar, which was 2016’s most popular vinyl recording ahead of Amy Winehouse’s Back To Black, selling more than double the number of copies of 2015’s best seller on vinyl – Adele’s 25".[19]

BBC Radio 4's Front Row discussed the increase in coloured vinyl releases in October 2017 in the wake of recent albums in the format by Beck, Liam Gallagher, and St. Vincent.[20]

In Germany

In Germany a revival of vinyl records already took place in the 1990s in conjunction with the rise of the rave and techno scene. In the mid-1990s, the rave culture had become a mass movement in the country, with raves having tens of thousands of attendees, youth magazines featuring styling tips, and television networks launching music magazines on house and techno music. In this context Der Spiegel in 1998 describes this "renaissance" of the LP format and declares that "LPs are in again". The CD format was regarded as "uncool", while vinyl records could be beatmatched into each other more easily and had more room for album cover art. Record bags were a common fashion accessory at that time.[21] In the early 2000s the mainstream rave movement declined, and by the end of the decade a majority of the so-called "techno record stores" and record store chains that had emerged in the 1990s had disappeared again.[22] Around 2007 another revival of vinyl began, this time also concerning the collection of other genres such as pop music, and increasingly promoted by the music industry.[23] In 2016 there were 476 record stores in Germany, and 3.1 million vinyl records were sold.[24]

Sales

NOTE: Many citations below include CD sales, not just vinyl sales. This chart should be reviewed and revised for accuracy.

Countries 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
Global Trade Value $US
(SP&LP)
$55m $66m $73m $89m $116m[25] $171m $416m[18]
Australia
(SP/LP)
10,000 17,996[26] 10,000 19,608[27] 10,000 53,766[28] 13,677 39,644[29] 13,637 44,876[29] 21,623 77,934[30] 10,069 137,658[31] 277,767[32] 374,097[33] 655,301[34] 786,735[34]
Germany
(SP&LP)
400,000[35] 700,000[36] 1,200,000[36] 635,000
(LPs only)
700,000
(LPs only)[37][38]
1,000,000[39] 1,400,000[39] 1,800,000[39] 2,100,000[39] 3,100,000[39]
Finland[40]
(SP&LP)
10,301 13,688 15,747 27,515 54,970 47,811 72,480 82,313 [41]
Hungary
(LP)
2,974[42] 2,923[43] 3,763[44] 1,879[45] 8,873[46] 9,819[47] 14,719[48] 24,132[49]
Japan
(SP&LP)
324,000[50] 212,000[50] 102,000[50] 105,000[50] 210,000[50] 453,000[50] 268,000[50] 401,000[50] 662,000[50] 799,000[50] 1,063,000[50] 1,116,000[50] 1,219,000[50]
Netherlands
(LP)
51,000 60,400 81,000[51] 115,000[52] 300,000± 650,000+ [53] 1,000,000+ [54]
Spain
(LP)
40,000 106,000[55] 97,000 141,000[56] 135,000[57]
Sweden[58]
(SP&LP)
11,000 22,000 36,000 70,671 101,484 168,543 200,008
United Kingdom
(SP/LP)
1,843,000 205,000 740,000 209,000 332,000 219,000 219,000 234,000 186,000 337,000 389,000 780,000 - - 3.2 million[59] 4.2 million[60] - -
United States
(LP)
988,000 1,880,000[61] 2,500,000[62] 2,800,000[63] 3,800,000[64] 4,600,000[65] 6,100,000[64] 9,200,000[64] 11,900,000[66] 13,000,000[67] 14,320,000[68]
  • Australian single figures for 2007, 2008 and 2009 are estimated.
  • In reality German figures are considered to be "a lot higher" due to smaller shops and online communities in Germany not using scanner cash registers.[36] One German record pressing company stated that they alone produce 2 million LPs each year.[69]
  • In reality American figures are considered to be much higher, with one record store owner, in a New York Times article, estimating that Nielson SoundScan only tracks "about 15 percent" of total sales due to bar codes, concluding that sales could now be as high as 20 million.[70][71][72]
  • In New Zealand, independent record stores in Auckland were reporting a five-fold increase in vinyl sales from 2007 to 2011.[73]
  • In France, the SNEP said that LP sales were 200,000 in 2008, however independent record labels said that overall sales were probably 1 million.[74]
  • In United States, 67% of all vinyl album sales in 2012 were sold at independent music stores.[75]
  • Vinyl revenues were at the lowest point in its history in 2006, with a total trade value of $36 million. The 2011 figure of $116 million, is higher than the 2000 figure of $109 million, but is still less than the 1997, 1998 and 1999 figures which were all between $150–$170 million.[25]

2012 vinyl LP charts

[76] US Top 10 UK Top 10
No.AlbumArtistAlbumArtist
1BlunderbussJack WhiteCoexistThe XX
2Abbey RoadThe BeatlesZiggy StardustDavid Bowie
3BabelMumford & SonsBlunderbussJack White
4El CaminoThe Black Keys21Adele
5Sigh No MoreMumford & SonsLonerismTame Impala
6BloomBeach HouseTempestBob Dylan
7For Emma Forever AgoBon IverBloomBeach House
8Boys & GirlsAlabama ShakesAn Awesome WaveAlt-J
921AdeleGo-Go BootsDrive-By Truckers
10Bon IverBon IverThe WallPink Floyd

Annual best selling LPs in the US

Year Album Artist Sales
2008In RainbowsRadiohead25,800[77]
2009Abbey RoadThe Beatles34,800[77]
201035,000[78]
201141,000[79]
2012BlunderbussJack White34,000[79]
2013Random Access MemoriesDaft Punk49,000[80]
2014LazarettoJack White87,000[80]
201525Adele116,000[66]
2016BlackstarDavid Bowie54,000[81]
2017Sgt. Pepper's Lonely Hearts Club BandThe Beatles72,000[68]
2018Guardians of the Galaxy: Awesome Mix Vol. 1Various Artists84,000[82]
2019 Why Me? Why Not. Liam Gallagher 30,000[83]
2020 Rumours Fleetwood Mac 32,500[84]

Graphs

Vinyl in the media

Films

Title Year Country Company
I Need That Record! The Death (Or Possible Survival) Of The Independent Record Store2008United StatesUnsatisfied Films[85]
Last Shop Standing2012United KingdomBlue Hippo Media[86]
Sound It Out2012United KingdomDogwoof[87]
Vinylmania: When Life Runs At 33 Revolutions Per Minute2012ItalyPongofilms[88]
Vinyl Record strikes back2013MexicoCCFilms
Black Canyon – Faszination Vinyl2014GermanyJürgen Backhaus/Galileo Music Communication[89]

Television

Title Year Country Company
The Joy Of The Single2012United KingdomBBC[90]

Radio

Title Year Country Company
The 12 Inch Single2012United KingdomBBC[91]
78 Revolutions2011United KingdomBBC[92]

On New Year's Day 2012, British radio station BBC Radio 6 Music, solely broadcast music on the vinyl format, with records coming from the collections of presenters and DJs.[93]

Record Store Day

Most customers prefer to buy vinyl from small, independent record stores with a larger selection than department stores.[12] Record Store Day is an internationally celebrated day observed the third Saturday of April each year. Its purpose, as conceived by independent record store employee Chris Brown, is to celebrate the art of music.[94] The day brings together fans, artists, and thousands of independent record stores across the world.[95]

Record Store Day was officially founded in 2007[94] and is celebrated globally[94] with hundreds of recording and other artists participating in the day by making special appearances, performances, meet and greets with their fans, the holding of art exhibits, and the issuing of special vinyl and CD releases along with other promotional products to mark the occasion.

In 2013, for the week of Record Store Day in the United Kingdom, 68,936 records were sold (an 86.5% rise from 36,957 in 2012). This can be broken down into 1,249 7" albums, 25,100 12" albums, 27,042 7" singles and 15,545 12" singles.[96] From December 29, 2017 to June 28, 2018 there was a 19.2% increase in vinyl sales compared to the same period the previous year.[97] Vinyl sales hold over 18% of physical record sales in the United States, a 7% increase from previous years. [98]

Charts

UK Official Record Store Chart

The Official Record Store Chart is a weekly music chart based on physical sales of albums in almost 100 independent record stores in the United Kingdom.[99][100] It is compiled by the Official Charts Company (OCC), and each week's number one is first announced on Sunday evenings on the OCC's official website.

The chart's launch was first announced by the OCC on 17 April 2012[101] – at the time, British record stores were selling 4.5 million albums per year, and were contributing towards 95 per cent of the country's total vinyl sales.

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