Wednesday, October 16, 2024
đ¶ Turns out the great Vinyl market drought was an error. Here’s Discogs with the explainer:
Youâve likely felt the panic this week: Vinyl sales are reportedly down by (a somewhat ironic) 33.3%, marking the first decline in 17 years. Inflation and industry greed are to blame. But these headlines didnât paint the entire picture.
[…] Discogs contacted Chris Muratore, director of partnerships at Luminate, who confirmed that the reported data is incorrect. Vinyl sales are actually up 6.2 percent. Billboard has since added language to their âMarket Watchâ report, clearing up the error.
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