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Vinyl Sets New Weekly Sales Peak for Modern Era

Discussion in 'Marketplace Discussions' started by Jiginada, Dec 29, 2021.

  1. Jiginada

    Jiginada Forum Resident Thread Starter

    Location:
    Australia
    aoxomoxoa and DK Pete like this.
  2. ElevateMeLater

    ElevateMeLater Jesus of Cool

    Location:
    USA
    Good news is that labels will now start putting out a lot of material that has been long out of print or never available on vinyl.

    Bad news is the pressing plants will continue to be overloaded, causing even more quality control and customer service issues, yet vinyl prices will continue to rise.
     
    Chemguy and Jiginada like this.
  3. TurtleIsland

    TurtleIsland Forum Resident

    Location:
    Arizona
    Vinyl Sales Hit 30-Year High, Kid Cudi Sets Rap Sales Record

    If you’ve been using your extra time at home lately as an excuse to build your physical music library, you’re certainly not alone: Americans bought 2.11 million vinyl records in the week ending on December 23rd, according to Billboard. This marks vinyl’s biggest week in sales since SoundScan began tracking music sales in 1991, as well as the first time vinyl sales have exceeded two million units in decades. 41,500 of those sales went to Kid Cudi, whose Man on the Moon III: The Chosen just broke the record for the biggest vinyl sales week for both a male artist and a rap album in Nielsen history.

    This is the second consecutive year of LP supremacy, after 2020 was the best year in vinyl’s history, outselling CDs for the first time in 34 years. The previous weekly vinyl sales record was set during last year’s holiday rush, with 1.84 million units moved during the week ending December 24th, 2020.

    The new record is a 45% increase compared to the week ending December 16th, 2021 (1.46 million), so we can assume a lot of folks were relying on records to fulfill their last-minute gift shopping needs. Cudi is certainly relishing in his success this holiday season: “This is HUGE. I wanna thank everyone who went out and copped the vinyl! This is all because of YOU! I LOVE YOU ALL,” he wrote on Instagram.

    But even above Kid Cudi, the best-selling vinyl album in the past week was Adele‘s 30, which moved 59,000 copies and topped Billboard‘s weekly Vinyl Albums chart for the fifth week in a row. Its sales now rack up to 293,000 in the US alone, which explains that global vinyl shortage that’s causing all your favorite indie bands to suffer deeply. Billie Eilish‘s Happier Than Ever had an impressive year in vinyl sales, too, having sold 73,000 vinyl copies its first week of release.

    Vinyl sales hit 30-year high, Kid Cudi sets rap sales record
     
  4. Leviethan

    Leviethan Forum Resident

    Location:
    Portland, OR
    Cue all the people who’ve been saying it’s just a passing fad since 2008 or so.
    :-popcorn:
     
  5. Kevin j

    Kevin j The 5th 99

    Location:
    Seattle Area
  6. Jiginada

    Jiginada Forum Resident Thread Starter

    Location:
    Australia
    Yep agreed, a damn shame. We REALLY need new pressing plants ASAP. I think the argument that labels don't want to waste money on pressing plants only for the Vinyl revival to be a quick fad is laughable at this stage. The Vinyl revival started in 2006 which was the year Vinyl stopped it's 20 year long market loss by going up half a percent. This "fad" has been going strong for 15 years now, there is no fad. New pressing plants ASAP!!!!!
     
    The Trinity and elgoodo like this.
  7. Frangelico

    Frangelico Forum Resident

    Apparently all those neo-bohemians that laughed at us now love us.
     
  8. Chemguy

    Chemguy Forum Resident

    Called it.
     
  9. Man at C&A

    Man at C&A Forum Resident

    Location:
    England
    :laugh: Send in the clowns!
     
    Leviethan likes this.
  10. tommy-thewho

    tommy-thewho Forum Resident

    Location:
    detroit, mi
    Great sign..
     
    Barnyard Symphony likes this.
  11. Seabass

    Seabass Old Git

    Location:
    Devon, England
    I’ll be really impressed when its 40 years…
     
  12. Greenalishi

    Greenalishi Forum Resident

    Location:
    San Francisco
    Lots of young people at the record store today. Even in the rain. Thought there would be no one there. Diggin for music. Only a good thing.
     
  13. danielkov86

    danielkov86 Forum Resident

    Location:
    Northfield, NJ
    Is this why records are so expensive and hard to find these days? Miss 15 years ago when I used to get LPs for $2.
     
    black sheriff likes this.
  14. Kevin j

    Kevin j The 5th 99

    Location:
    Seattle Area
    Sure, that was fun, but now is even better if you’re in to new music by current artists.
     
    Gaslight and Greenalishi like this.
  15. JamsOnly

    JamsOnly Well-Known Member

    Location:
    North Carolina
    I certainly contributed, bought more vinyl this past year than I can remember.
     
  16. Jmac1979

    Jmac1979 Forum Resident

    Location:
    Louisville, KY
    and the chicken littles who love to point out that vinyl as a popular niche product will never be what it was 40 years ago when it was cheap and available in supermarkets and also didn't have the internet to compete with (ie, streaming being the most popular means to consume music, not physical)
     
  17. Thing Fish

    Thing Fish “Jazz isn't dead. It just smells funny.”

    Location:
    London, England
    This makes me very happy as I love everything about vinyl. From the thrill of the hunt to smelling the covers :D
     
    The Trinity and Greenalishi like this.
  18. HGN2001

    HGN2001 Mystery picture member

    When that's all that's out there, what else is there to buy?
     
  19. mwheelerk

    mwheelerk Believe In Music

    Location:
    Gilbert Arizona
    I am no long a vinyl guy, not since 1986, but the continual rebirth and growth of vinyl is quite astonishing to me.
     
  20. stereoptic

    stereoptic Anaglyphic GORT Staff

    Location:
    NY
    similar threads have been merged
     
  21. Leviethan

    Leviethan Forum Resident

    Location:
    Portland, OR
    Except it is available in supermarkets again! Walmart and Target are selling records. I bought John Coltrane’s A Love Supreme on orange vinyl, pressed from all-analog Sterling stampers at Target.

    Sure it will always be a niche compared to streaming, but it’s a healthy market that continues to grow steadily every year.
     
    Greenalishi likes this.
  22. Leviethan

    Leviethan Forum Resident

    Location:
    Portland, OR
  23. Jmac1979

    Jmac1979 Forum Resident

    Location:
    Louisville, KY
    Well records are a premium product price wise now. 40 dollar Adele records at Target isnt the same as when I remember seeing Thriller being sold at a grocery store as a kid. Its different now
     
  24. Leviethan

    Leviethan Forum Resident

    Location:
    Portland, OR
    Except when you adjust for inflation, it’s pretty much on par. Maybe a little more, because the manufacturing volume is definitely lower.
     
  25. Leviethan

    Leviethan Forum Resident

    Location:
    Portland, OR
    I’m currently listening to an NPR story about vinyl pressing. Apparently a big part of the current pressing backups and supply chain issues are due to the fact that Adele pressed FIVE HUNDRED THOUSAND copies of her new double album.

    Of course, because it’s a perennial NPR “they still make records?? Who knew??” kind of story, They’re talking about the “warmth and crackle” of vinyl. :rolleyes::rolleyes::rolleyes::rolleyes:
     
    Last edited: Jan 1, 2022

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