Everything old is new again. Vinyl records have been making a huge comeback with younger people. How big? Vinyl album sales in the U.K. have overtaken digital download revenue for the first time since digital downloads began. Around 3 million dollars worth of vinyl albums were sold last week, compared to 2.6 million in digital downloads.
Albums are expensive compared to digital downloads. These days vinyl is perceived as something of a luxury item. Collectible editions of albums can cost over $100.
That doesn’t mean that digital songs are falling out of favor. Increasingly, younger users are switching to streaming services instead of purchasing the downloads individually. Still, it’s an impressive comeback for a medium that was declared dead with the advent of the CDs back in in the 1980s.