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Vinyl Record Sales Increased 32% in 2013

Use this stat to determine if your folks can gauge the size and importance differences in statistics and where effort should be placed:

Vinyl Record Sales Increased 32% in 2013

http://mashable.com/2014/01/07/vinyl-comeback/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss&utm_reader=feedly

“In the midst of the growing adoption of music-streaming services such as Spotify and Pandora, vinyl records have made an unlikely comeback.

While CD sales declined 14.5% last year, vinyl sales grew 32% from 4.5 million units sold in 2012 to 6 million sold in 2013, according to Nielsen SoundScan. Even digital-music sales have taken a hit, as streaming becomes more popular: Overall album sales fell 8.4% last year”

Statista‘s chart, below, shows the rise of vinyl LP sales in the U.S. between 1993 and 2013.

2014_01_07_Vinyl

Of course, this chart in the absence of context looks just great.

The line of course, would be imperceptible in the context of overall music sales.

Statistic: Digital album sales in the United States from 2008 to 2012 (in millions) | Statista
Find more statistics at Statista

And that’s just albums not single songs . . .

Statistic: Value of digital music singles downloaded in the United States from 2004 to 2012 (in million U.S. dollars) | Statista
Find more statistics at Statista

Statistic: Number of digital music single downloads in the United States from 2004 to 2012 (in millions) | Statista
Find more statistics at Statista

I’m not saying that vinyl isn’t a small niche market and that niche can be served . . . but in overall strategic planning activities – institution-wide – all major factors must be considered.  You will see circulation in some libraries to some customers of CD, VHS, DVD, etc. but these numbers don’t prove that other parts of the use base aren’t migrating to digital downloads.

Stephen

Posted on: January 10, 2014, 6:50 am Category: Uncategorized