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The Resurgence of Vinyl Records

February 7, 2024 By Richard C. Young

© WavebreakmediaMicro @Adobestock.com

UPDATE 2.7.24: The resurgence in sales of vinyl records isn’t isolated to the United States. UK music buyers have also been buying vinyl in volumes not seen since 1990. The Daily Mail’s Wiliam Hunter reports:

From some music lovers, nothing will ever replace the warm crackle of a vinyl record.

And recent figures suggest it isn’t just Hi-Fi obsessives who are in love with this retro music format.

Recent industry data shows that sales of records have hit their highest levels since 1990, with 5.9 million LPs and singles being sold in 2023.

Originally posted December 19, 2017.

Thanks to my long-time friend, editor, and conservative group stalwart David Franke (RIP) for sending this article my way. Ear Food records store is reporting that vinyl sales have grown to about 70% of the store’s net sales. Onofrio Castiglia of The Winchester Star writes about the resurgence in vinyl sales in recent years.

When Anthony Matthews and his son Jamie Matthews took over Ear Food in 2006, the record store mostly sold CDs and DVDs. They never imagined that vinyl records would make a comeback.

But on Thursday, Anthony Matthews, 64, said new and used vinyl records have grown to be about 70 percent of the store’s net sales some weeks. Generally, they account for more than half of all sales. “The sound quality you get by putting a vinyl record on… the younger generation is just discovering that.”

Read more here.

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Richard C. Young
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.
Richard C. Young
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