Earlier quoted context omitted.
Go to https://www.riaa.com/u-s-sales-database/ and select only LP/EP and vinyl single. Or just LP/EP. Including both and just looking without inflation, it’s above 1989 levels and could hit 1988 levels eventually. It’s 5x higher than mid 90s through late 00s. Almost 4x since 2010. Take out vinyl singles and the increase is absurd. It’s 9x to 40x+ increase from any year between 1991 and 2007. 8x from 2008. Almost 2x f…
> Even if you add inflation, the resurgence is still there. IE for LP/EP, 2019 will beat out 1989. I'm having trouble viewing those graphs on mobile but it looks like in 1989 vinyl only had >4% market share and 34.6 million units, where as in 2018 it had >3% with 16.7 million units. It's not nothing and it's not a large part of the overall market. It appears to be smaller than 30 years ago when it was considered a de…
Unit share doesn’t seem to make sense as a comparison point to me. A single or ringtone shouldn’t be given equal respect to a full collection of songs. Downloaded singles are 75% of the unit market share but only 5% of the revenue market share in 2018. 2018 will be the last year downloaded singles have a greater revenue share than vinyl.
To me this looks like a resurgence because of how its revenue share has been. Its collapse of market and revenue share from ~83 to ~92 and being dead by 89 (with 3.3% revenue share, less than the past 5 years if including 2019). Having a revenue share of 0.1% from 93 to 07. Yeah, for 25 years it’s revenue share was 0.1%. Then ~1.5% for the next 5-6 years and ~4.5% for the past couple of years.
It’s not a crazy resurgence, but compared to 93 to ~2012, a 25 year span, it’s many multiples higher and not looking to let up for now.