Pink Floyd’s ‘The Endless River’ has become the the fastest-selling vinyl album this century.
It seems that vinyl is once again back in fashion (thanks hipsters). This year, vinyl sales in the UK have passed the one million mark for the first time since 1996, according to the Official Charts Company. Albums by veterans Pink Floyd and David Bowie have helped boost sales of the format, which achieved the one million milestone last weekend.
Pink Floyd's The Endless River has helped boost vinyl sales in the UK
Currently David Bowie’s new best of collection, Nothing Has Changed, holds the top spot on the vinyl chart replacing last week’s number one Pink Floyd’s The Endless River.
The Endless River, which sold over 6,000 vinyl copies in its first week of release is now the highest selling vinyl LP since 1997 and therefore the fastest-selling vinyl album this century.
“In scoring the biggest opening week for a vinyl album this millennium, Pink Floyd’s The Endless River illustrates the British public’s renewed love for this format,” said Official Charts chief executive, Martin Talbot in a statement.
Talbot went on to say that vinyl sales this year are on course to become a £20 million business, saying it was, “an incredible turnaround from barely £3 million ($4.7 million) just five years ago.”
By the end of the year vinyl sales figures are expected to rise to around 1.2 million units. Last year just 780,674 vinyl albums were sold in the U.K., with Arctic Monkeys' AM being the biggest-selling vinyl release.
However despite the increase, vinyl still only accounts for 2% of the U.K.’s recorded music market. Still in our digital age of iTunes and streaming services, isn't it nice to know there's still a place for good old vinyl in our music collections?