Vinyl records were able to outsell CDs in the United Kingdom.
This detail was revealed by the latest sales report of the Digital Entertainment and Retail Association (ERA).
ERA revealed how the sales of the entertainment industry in the United Kingdom fared in 2022.
Although the physical sales of the music sector fell by almost 4%, vinyl records were still able to sustain their growth.
Vinyl Outselling CDs in the UK!
According to Bloomberg's latest report, it is the first time since 1987 that U.K. residents spent more on vinyl records than CDs.
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"Vinyl album sales grew 11% to £150.5m ($182.74 million), while CD album sales fell 17.4% to £124m ($150 million), the first time vinyl outsold CD by value since 1987," said ERA via its official sales report.
ERA CEO Kim Bayley said that vinyl records experienced sales increases because of the efforts made by physical retailers.
Bayley added that although musicians need to compose great music or songs, better buying and consumption experiences are still the main factor that persuades consumers to spend their money on the music industry.
Vinyl Record Fun Facts
Vinyl records are among the products in the music industry that will never go out of style.
Even if new streaming platforms release better features and other enhancements, many individuals will still purchase vinyl records because they are classy.
If you are also a vinyl record consumer, here are some fun facts about this product that you may not know about:
- NASA sent two golden vinyl records into outer space back in 1977. The international space union used its Voyager 1 and Voyager 2 rockets to carry these records.
- The largest vinyl record collection is owned by Jose Roberto Alves Freitas, a Brazillian businessman. His collection includes over six million copies.
- The biggest-selling vinyl record of all time is Michael Jackson's album "Thriller." Enthusiasts said that the "Thriller" vinyl record has over 70 million copies sold up to date.
Other stories about vinyl records that we recently wrote:
In 2021, the "Persona" vinyl box set for the game's 25th anniversary was announced.
Amazon launched its "Vinyl of the Month Club" subscription service, which delivers randomized records from the 60s and 70s.
For more news updates about vinyl records and other music-related, always keep your tabs open here at TechTimes.