Vinyl Making a Comeback in U.S.
Vinyl, which was nearly killed off more than a decade ago by CDs and digital downloads, is making its way back into the American market. According to Nielsen SoundScan, nearly one million records were sold last year, a fifteen percent increase and the highest level in three years.
Although the LP never fully lost its zest to audiophiles and independent music stores, mainstream retailers are now starting to embrace vinyl. The most recent is Best Buy, which is starting a pilot project at an undisclosed number of stores.
“We’ve got an executive here who’s basically responding to his own children and is sponsoring a test to see if there’s a market,” Best Buy CEO Brad Anderson told the Minneapolis Star Tribune last week. “As an old vinyl collector, this is close to my heart.”