In the first half of 2020, vinyl outsold CDs for the first time in history. Since then, the international vinyl revival has show no signs of slowing down, with the industry expected to rake in over $100 million by the end of this year- an increase of 10%.
Drew Hill, managing director of Proper Music, told The Guardian: “We have seen 250% growth from the bottom of lockdown to where we are now. I thought it could be catastrophic for the industry but during lockdown the kind of people buying records also probably went to a lot of gigs. They can’t do that so it seems fans are spending the money they used to on going to gigs each month on records.”