Why Millennials Are Buying More Vinyl Records
Seeking a more tangible music experience more millennials are buying vinyl records and driving u s.
Why millennials are buying more vinyl records. The founders of vinyl me please discuss why lps are back in demand. Get breaking news alerts and special reports. In 2015 billboard homed in on three. The founders of subscription service vinyl me please discuss why millennials are bringing back gramophone records.
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. 6 reasons why millennials buy vinyl records. The desire to focus on the music instead of something that plays in the background. The entertainment industry always loves a good comeback story and music s latest resurgence is no exception.
Nearly half of all current vinyl record buyers are under the age of 25 according to record industry research site musicwatch and with every new generation comes a new outlook on the past present and future. 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. Production and sales not seen in decades. For matt fiedler co founder and ceo of vinyl me please a subscription service where members are sent.
Sales have increased year over year since 2008 and show no real signs of letting up. 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. In 2014 more than 13 million vinyl long playing albums or lps for short were. Why millennials are still buying vinyl vinyl record sales are up a staggering amount in recent years.
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. Nearly 50 percent of record player owners are 35 or younger. Vinyl records make a comeback sept. Why millennials are buying more vinyl records.