Spin the Black Circle: Vinyl Sales on the Rise
Jan, 7 2011
The 2010 SoundScan numbers, released Wednesday, confirmed an industry in flux. Sales of CDs fell by 12.8% year over year, while digital album sales grew by 13% in the same time.
Similarly, vinyl sales rose 14% from 2009 (2.5M albums sold) to 2010 (2.8M), which sounds pretty sweet until you consider LPs still comprise less than one percent of total album sales. But it is a trend we like. Labels and artists are catching on to the trend, and online retailers are there to power the resurgence.
With a 1% increase in individual track sales in the past year, does this mean consumers’ enthusiasm for singles has waned? Do they want to better understand the intended vision of a band’s entire release?
Vinyl offers added value and artistic interpretation with 12 inch square cover art, imaginative gatefolds, and comprehensive liner notes. The vintage ambiance of flipping the wax every 20 minutes reminds listeners that taking in music shouldn’t be a passive act.
The top selling vinyl albums indicate hipsters and boomers dominate the still-niche market. Billboard reports the ten top-selling vinyl artists in 2010 were split between indie and classic rock acts. The top three selling vinyl artists were The Beatles (36.7K albums sold), The Black Keys (36K) and Radiohead (30.5K).
-Court
Permalink
MTV Confuses Keys With Peas
Oct, 18 2010
Blues-rock duo The Black Keys don't win many major awards, so credit to them for keeping their sense of humor after MTV messed up with their Video Music Award statue. "We are super proud of Fergie!" the band posted on Facebook along with a photo of the statue, which has been engraved with the Black Eyed Peas named as winners by mistake. The Black Keys won Best Breakthrough Video last month for their "Tighten Up" clip.
Drummer Patrick Carney told Rolling Stone that MTV had confused the two bands before. "In 2003 they played our video for 'Set You Free' on TRL labeled as the Black Eyed Peas. It's fitting for us that when we win our first award it's mislabeled. Hopefully we win their Grammy as well one day! We actually don't give a s*** about this, though. It's funny."
MTV has offered compensation (of sorts) for the mistake. "OOPS! Can we buy you guys some ice cream to make it up?" they tweeted to the band. But negotiations on a settlement have not gone smoothly, with the group insisting they "prefer donuts."
Permalink