Why Millennials Are Buying More Vinyl Records

Despite an explosion in digital and streaming music including spotify apple music pandora and tidal consumers are spending more money on vinyl records and more vinyl buyers are millennials.

Why millennials are buying more vinyl records.

The entertainment industry always loves a good comeback story and music s latest resurgence is no exception. The definitive guide posted by vinyl lovers unite on jun 16 2017 millennials may not have some things decent job opportunities and pay reliable social safety nets a non screwed up ecosystem but they do have plenty of options for consuming music. Why millennials are buying more vinyl records. Seeking a more tangible music experience more millennials are buying vinyl records and driving u s.

Sales have increased year over year since 2008 and show no real signs of letting up. In 2014 more than 13 million vinyl long playing albums or lps for short were sold in america. 8 2015 11 02 pm utc. Despite an explosion in digital and streaming music including spotify apple music pandora and tidal consumers are spending more money on vinyl records and more vinyl buyers are millennials.

Why millennials are still buying vinyl vinyl record sales are up a staggering amount in recent years. Production and sales not seen in decades. Nearly 50 percent of record player owners are 35 or younger. Of course one of the biggest instances of millennials keeping physical media alive is the resurgence of vinyl records which earned 224 1 million in the first half of 2019 and recently outsold cds for the first time since 1986.

The founders of vinyl me please discuss why lps are back in demand. For matt fiedler co founder and ceo of vinyl me please a subscription service where members are sent. The band arctic monkeys album tranquility base hotel casino was the biggest hit with 38 000 copies sold while the classical genre saw sales of 1 3 million records. Yes millennials are buying vinyl but it s a throwback to their own childhood.

The founders of subscription service vinyl me please discuss why millennials are bringing back gramophone records. 6 reasons why millennials buy vinyl records. The medium of vinyl for millennials is more about putting up a defence against our complete digital immersion and remembering the tactile.