The vinyl resurgence appears to be continuing, with a recent report showing that record sales have hit an 18-year UK high.
More than one million vinyl records have been sold in the UK in 2014, which is the first time such a figure’s been achieved since 1996, when Oasis’s (What’s the Story) Morning Glory was riding high in the charts.
Funnily enough, the re-issue of that album has proved one of the strongest vinyl sellers of the year.
Such is the current popularity of vinyl that The Official Chart Company has informed the BBC that it will soon launch a dedicated weekly vinyl chart.
“Only five years ago this business was worth around £3m a year,” said Martin Talbot of the Official Charts Company. “This year it’s going to be worth £20m.”
Helping those figures along was Pink Floyd’s new album The Endless River, which became the fastest-selling vinyl record since 1997 earlier this month.
Of course, the fact that those figures actually work out to just 6000 copies shows that vinyl is still a niche market in the grand scheme of things.
To place that into context, One Direction this week hit one billion Spotify streams. That’s 5000 years of continuous playtime. If that thought doesn’t make you feel a little queasy, we’re not sure what will.
Read More: Why musicians hate Spotify
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Editorial independence
Editorial independence means being able to give an unbiased verdict about a product or company, with the avoidance of conflicts of interest. To ensure this is possible, every member of the editorial staff follows a clear code of conduct.
Professional conduct
We also expect our journalists to follow clear ethical standards in their work. Our staff members must strive for honesty and accuracy in everything they do. We follow the IPSO Editors’ code of practice to underpin these standards.
