Monday, June 3, 2013

LP and CD sales surprisingly up

"In 2012, 193 million CDs were sold compared with 118 MP3 albums, which may be surprising to some. And according to market researchers, The NPD Group, CD sales have increased for the second year in a row -- making a 2% sales jump."  What is partly driving this (apart from the growth of middle aged consumers who like physical media) might be the ability on many sites to audition the music before committing. Amazon is great for this.  

Interestingly, while we all reacognize that LP sales are increasing, albeit slowly, the assumption is that this is such a small niche market that the increases really only reflect very small growth. It seems however, that vinyl sales are at their highest in 15 years, so that slow incremental growth is catching on.

 Read the full article here.

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