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Wow: Wax Revenues Have Grown 455% In Just Five Years...

Friday, June 03, 2011
by  presnikoff

Sure, this is still a small piece of overall recording sales in the US, but we keep seeing astonishing growth data. The latest, sourced from RIAA retail revenue data obtained this week, shows a near-fivefold revenue increase in vinyl over a five-year period.  Which, when scaled to size, looks something like this...  

 

Specifically, 2010 receipts - after returns - were $87.0 million, compared to $15.7 million in 2006.   And, keep in mind, this also counts indie-focused distributors, owned by major label groups.  Which makes sense, because indies are driving a lot of this action.  Here's the breakdown, in both units and revenues (in millions, all net post-returns): 

 

 



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