The L.A. Timesreports that vinyl sales are still surging. Sales of vinyl records have climbed 50% in the first five months of 2009.
SoundScan predicts vinyl sales will reach 2.8 million units in 2009, up from 1.9 million in 2008, a record since SoundScan began tracking sales data in 1991. Already in 2009, vinyl sales have topped 1 million. At this point last year, vinyl sales stood at 701,000 copies. To be fair, the number is still tiny compared to overall album sales.
Vinyl, SoundScan points out, accounts for less than 1% of overall album sales. In other words, vinyl sales represent about six months in the life of Taylor Swift, whose late 2008 release, "Fearless," has already sold more than 3.3 million copies. To date in 2009, 121.8 million CDs have been sold, versus 33.2 million digital albums, compared to 151.01 million CDs and 27.52 digital albums for the same period last year.
One million total vinyl record sales is very small compared to the number of digital downloads or cd sales but it is interesting that a supposedly outdated medium like vinyl is showing increasing sales in a digital era.