In 2008, consumers bought 1.88 million vinyl albums in USA, more than in any other year since Nielsen SoundScan began tracking LP sales in 1991. And Nielson may be under-reporting because many online and independent retail shops aren't counted.
Nirvana, Van Morrison, Cream, Guns 'N Roses and Metallica have all recently put out new releases or re-released classic albums on new vinyl. LPs have made such a comeback that Amazon recently introduced a vinyl-only store and increased its selection to 150,000 titles across 20 genres.
Why the vinyl rebound? Sure, some audiophiles insist vinyl records offer better sound quality but we treated them like Luddites. But are they right?
Apparently, yes…they are right. Many buyers insist the new vinyl (heavier than old LPs) demonstrates sound superiority over CDs. But vinyl record sales have skyrocketed not just because of a “warm sound.” New buyers are discovering the value of owning albums, with their cover art and large liner notes. Call it a fad or a new generation of audiophiles but it’s not Gen X or Baby Boomers buying—it’s 13- to 24-year-olds rediscovering the value of record collections.
And it's not just the vinyl that's selling—you need a turntable and cartridges to play them. Angelis Labor will be unveiling at CES its Gabriel Turntable for $27,000 and $64,000.
Go Angelis Labor