Richardcyoung.com

The Online Home of Author and Investor, Dick Young

  • Home
  • Elizabeth Warren
  • My Rifles
  • How We Are Different
  • Foundation Principles
  • Your Security
  • The Swiss Way
  • About Us
    • Contributors
  • Investing
    • You’ve Read The Last Issue of Intelligence Report, Now What?
  • Dick Young
  • Debbie Young
  • Key West
  • Paris
  • Dick’s R&B Top 100
  • Liberty & Freedom Map
  • Your Survival Guy
  • Your Health
  • Old Confederacy
  • The American Conservative
  • The Trump Economy

Old Technology is Hot

September 5, 2014 By Richard C. Young

I never gave up on vinyl and play records from my huge vinyl collection many days of the week. This shocking report will bring back a lot of fond memories for Americans who grew up with vinyl in the 50’s, 60’s and 70’s.

For the first time since the iTunes Store launched in 2003, sales of digital tracks and albums declined last year, Billboard reports. Analysts blame the rise of streaming services like Spotify and Pandora. Sales of CDs also took a big hit, as did album sales overall.

Meanwhile, one format quietly posted huge gains: vinyl records. LP sales were up an amazing 32 percent from 2012, continuing an improbable growth trend that began in the early 1990s and took off around 2007. In fact, as The Oregonian‘s David Greenwald points out, this was the sixth straight year in which vinyl long-players have recorded their highest sales mark since the advent of Soundscan in 1991. The absolute numbers are still small: 6 million units, or about 2 percent of all album sales in the United States.

The following two tabs change content below.
  • Bio
  • Latest Posts

Richard C. Young

Richard C. Young is the editor of Young's World Money Forecast, and a contributing editor to both Richardcyoung.com and Youngresearch.com.

Latest posts by Richard C. Young (see all)

  • Trump’s Tax Reform Makes America’s Competitiveness Great Again - December 6, 2019
  • Is Harvard Square, Cambridge Dead? - December 6, 2019
  • A Taste for Familiar, Family and Faith in God - December 6, 2019

Share this:

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)

Related Posts

 

Dick Young’s Must Reads

  • The Common Ground of Democracy is Sinking Beneath Americans’ Feet
  • Progressive Liberalism Has Dragged America near Ruination
  • TAC’s Robert W. Merry Unveils Presidential War Lies
  • “The Great Object Is that Every Man Be Armed”
  • Rich Grandchild, Poor Grandchild
  • Hillsdale College: What College Is Meant to Be
  • The Problem in America
  • Paris, The Palace Hotels: Part I
  • America’s Silent Army with 423M Guns
  • America’s States Rights Revolution

Disclosure

RSS Youngresearch.com

  • Your Retirement Life: “My life Has Always Been One of Very Good Fortune”
  • Preferred Stock vs. Common Stock: What You Need to Know
  • Vanguard GNMA Outlook 2020
  • Banks Are Selling Your Private Info to Strangers
  • Here’s Why You Should Treat Your Disaster Cash like Gold
  • The Biggest Problem for Warren’s Wealth Tax: The Constitution
  • You Must Find Investments that Fit Your Needs
  • Save Yourself! 92% of Wealthy Danes Want to Pull Their Money from Banks
  • Ginnie Mae (GNMA) Bond Yields
  • Junk Bond Yields

When Will the Democrats Finally Pack It In?

Trump’s Tax Reform Makes America’s Competitiveness Great Again

Is Harvard Square, Cambridge Dead?

MS-13 in Northern Virginia

A Taste for Familiar, Family and Faith in God

Trump Leads US Economy to Longest Expansion in History

Copyright © 2019 | Terms & Conditions | About Us | Dick Young | Archives