Vinyl sales bigger than streaming revenue

Vinyl sales bigger than streaming revenue

  • Vinyl is the fastest growing music platform and has overtaken streaming in terms of revenue.

    Figures released in the US show that vinyl sales have increased by 52% year-on-year to $222 million (£146m) in the first half of 2015.

    Meanwhile streaming is also on the rise but not as rapidly. Streaming revenue has experienced a 27% increase during the same period to $163 million (£107m), according to the Recording Industry Association of America.

    It is worth noting, however, Apple Music has not been included in the findings and that streaming income could see a marked increase in upcoming months should free trial users convert to a paid subscription of the service.