Vinyl
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Nothing beats the sound of a vinyl turntable, right?
For music lovers, having a vinyl setup in your home is the ultimate way to enjoy your favorite albums, but with all the turntables out there, it’s hard to find the perfect one.
Fear not, Billboard has your back! To make it easy for you, we searched to find a selection of our favorite turntables (click here funky, sleek ways to store and display your record collection in your home or studio).
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Some of the products below are from retailers such as Amazon where Prime members can get free shipping (start your 30-day free trial here) and other benefits — including discounts and access to Prime Video and Prime Music.
See below for a list of eight of the best record players and turntables to buy in 2023. For more product recommendations, check out our tips on how to clean your vinyl records and the best speakers for music lovers.
Crosley CR8017B-BK Voyager Vintage Portable Vinyl Record Player Turntable with Bluetooth
$59.88 $99.95 40% OFF
Heyday turntables are budget-friendly favorite among TikTokers, but they’re currently out of stock at Target. If you don’t mind shopping pre-owned options, HeyDay turntables are available on resale sites like eBay. Plus, there are tons of other record players under $100 such as the Crosley CR8017A Voyager Portable Turntable pictured above and the ByronStatistics 3-Speed Vinyl Record Player ($51.24).
Amazon
Fluance RT81 Elite High Fidelity Vinyl Turntable Record Player
$249.99
Fluence RT81 is another highly rated record player. Features include an Audio Technica AT95E diamond elliptical tipped stylus (designed to track your record grooves with greater precision and accuracy for a high-definition audio experience) and a rubber slip mat for “superior isolation from unwanted vibrations.” Although Fluence record players do not include Bluetooth, you can connect them external speakers or click here to shop the Fluence RT81 turntable with five-inch bookshelf speakers ($489).
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U-Turn Audio – Orbit Plus Turntable with Built-in Preamp (White)
$399.00
Time for U-Turn! The U-Turn Orbit (available in white, red, black and blue) is known for it’s “balanced and neutral sound” and they’re popular on TikTok. This sleek turntable is equipped with an OA2 gimbal arm that utilizes “precision bearings” to ensure that the stylus moves freely, a low-resistance acrylic platter for “speed consistency” with anti-skate preset and an adjustable counterweight. The external, two-speed belt drive (33 1/3 RPM and 45 RPM) is designed to separate the “low-noise motor from the rest of the turntable.”
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Sony PS-LX310BT Turntable
$249.99
Moving up on the price scale, Sony’s PS-L310BT wireless turntable lets you experience vinyl in full stereo. This $250 turntable features a single button press, high-quality audio, Bluetooth connectivity and both operating speeds (33 1/3 rpm and 45 rpm).
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Audio-Technica AT-LP60XBT-RD Fully Automatic Belt-Drive Stereo Turntable, Red/Black, Bluetooth, Hi-Fi, 2 Speed
$219.00
Interested in Audio Technica? The AT LP-60 is discontinued but the AT-LPX60BT is a good alternative for beginners and intermediate listeners. Merging hi-fi audio and Bluetooth technology for wired and wireless listening, the AT-LP60XBT easily pairs with speakers and headphones. The turntable is available in several different colors including red, white, black, blue, silver and lilac.
Victrola
Victrola Revolution GO Portable Rechargeable Record Player $199.99
Need a portable record player? Check out Victrola’s portable, rechargeable Bluetooth record player. It features a three-speed belt driven turntable and an Audio Technica moving magnetic cartridge. The rechargeable battery lasts for up to 12 hours.
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Rega Planar 1 Record Player $595
If you can afford to go up in price, the Rega Planar 1 is a good starting point on the scale of high-end turntables. It features a brand new RB110 tonearm, built with the new Rega designed bespoke bearings with ultra-low friction performance and a 23mm, higher mass, phenolic platter equipped with an improved flywheel effect for better speed stability. The turntable runs on a 24v, low noise, synchronous motor designed to reduce the vibration transfer.
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B&H Photo
Technics SL-1200MK7 Turntable
$1,099.95 $1,299.99 15% off% OFF
For DJs looking to invest in a quality turntable, Technics is the way to go. Last year, the brand unveiled the Technics SL-1200M7LPA Turntables celebrating the 50th anniversary of the popular series. The limited edition turntables — which were available in seven colors including red, black, blue, white, green, beige and yellow — were only around for a limited time but if you want an alternative from the same brand, go for the the SL-1200MK7.
Record Store Day unveiled the list of special releases for its 2023 event on Thursday (Feb. 16), which features vinyl exclusives from Taylor Swift, The 1975, Madonna and more.
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Swift is returning to RSD this year with a 2xLP vinyl edition of Folklore: The Long Pond Studio Sessions, while The 1975 will drop Live With the BBC Philharmonic Orchestra.
Among the other releases in store for Record Store Day’s exclusive releases are Björk’s The Fossara Remixes in a 12-inch vinyl single, Brian Eno’s Forever Voiceless LP, a 5xLP version of Grateful Dead’s Boston Garden, Boston, MA 5/7/77 (Live), Billy Joel’s Live At The Great American Music Hall – 1975 in 2xLP, Madonna’s American Life Mixshow Mix (In Memory of Peter Rauhofer) LP, Dolly Parton’s The Monument Singles Collection 1964-1968 and many, many more. These exclusive titles are physically released only at indie record stores.
The full list of RSD releases will be available at participating record stores on Record Store Day (April 22). There is no website to purchase any item on the list, and fans must find a participating store to find out how they are celebrating RSD.
Be sure to check out the complete and extensive list of upcoming releases on the official Record Store Day website here.
Happy Valentine’s Day, Swifties! Taylor Swift has dropped a special surprise for Cupid’s holiday on Monday (Feb. 13) — a heart shaped vinyl recording of her performing tracks from her 2019 album Lover live in Paris.
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The vinyl announcement arrived on the pop star’s webstore and featured pictures of the new release. Lover (Live From Paris) will be spread across two heart-shaped vinyl records, one baby pink, the other baby blue. Sides A and B holds tracks “ME!,” “The Archer,” “Death By a Thousand Cuts” and “Cornelia Street,” while sides C and D holds tracks “The Man,” “Daylight,” “You Need to Cam Down” and the album’s title track, “Lover.”
“My heart’s been borrowed and yours has been blue. Now both are on vinyl to end up with you,” Taylor Nation tweeted. “#LoverLiveFromParis Special Edition Heart-Shaped Vinyl available while supplies last at store.taylorswift.com!”
The heart-shaped vinyl duo retails for $39.99 and is limited to one per customer, while fans in the United Kingdom are allowed to order two per customer. Fans looking to secure the limited release will likely need to act fast, as Swifties have a reputation for selling out Swift’s special releases rather quickly.
Upon Lover‘s release, it debuted at No. 1 on the Billboard 200 chart and spent a total of 181 weeks on the all-genre tally. Singles “ME!” and “You Need to Cam Down” both charted at No. 2 on the Billboard Hot 100 while “Lover” and “The Man” hit Nos. 10 and 23, respectively.
Take a look at the new vinyl below.
Vinyl producer Mobile Fidelity has reached a settlement that could be worth as much as $25 million to resolve allegations that the company’s pricey “all analog” records were secretly created using digital methods. But some customers strongly object to the deal, saying it’s “tainted by the stink of collusion.”
The proposed agreement, first publicly filed in court last month, would allow tens of thousands of MoFi customers to secure a full refund for any eligible records that they purchased. Alternatively, it would also allow them to keep their albums and instead take a 5% cash refund or a 10% refund in credit.
The final monetary total depends on how many consumers utilize the settlement and which options they choose, but court filings say the money available under the deal is “expected to be over $25 million.” Under the settlement, MoFi will continue to deny any wrongdoing.
But the deal is not final, and it’s already facing stiff objections from attorneys who filed similar lawsuits against MoFi. They say the settlement was struck without their input, by “ineffectual” lawyers who took a bad deal: “Despite this clear abdication of their duties to class members, counsel … are now trying to ram an inadequate, collusive settlement through this court.”
The scandal at MoFi first erupted last summer, after Phoenix-area record store owner Mike Esposito posted a pair of videos to YouTube alleging that the company’s “all-analog” and “triple analog” records were in fact partially created using so-called direct stream digital technology. In one of the videos, MoFi’s engineers appeared to confirm that some digital tech had in fact been used in production.
As reported by the Washington Post, the digital revelations created “something of an existential crisis” in the analog-obsessed vinyl community. In a statement in late July, MoFi apologized for using “vague language” and for “taking for granted the goodwill and trust” of its customers: “We recognize our conduct has resulted in both anger and confusion in the marketplace. Moving forward, we are adopting a policy of 100% transparency regarding the provenance of our audio products.”
But the apology wasn’t enough to avoid litigation. In early August, a pair MoFi customers named Stephen J. Tuttle and Dustin Collman filed a proposed class action in Washington federal court, claiming the company’s analog branding had been “deceptive and misleading” and had duped them into paying premium prices.
Later, at least four more similar cases over the analog scandal were filed in federal courts around the country, including a class action filed in Illinois on behalf of a MoFi buyer named Adam Stiles, who claimed the company had “intentionally hid this fact from consumers.”
“When defendant began using a digital mastering process in its records as opposed to purely analog, it inherently produced less valuable records — because the records were no longer of limited quantity and were not as close to the studio recording — yet still charged the higher price,” the lawyers for Stiles wrote at the time.
The proposed settlement, first filed on Jan. 15 in the lawsuit filed by Tuttle and Collman, is expected to cover at least 40,000 consumers who purchased records marketed as analog. The “total gross value” of the refunds and credits available to consumers is over $25 million, according to the agreement; the lawyers who filed the case will be paid $290,000 for their services.
Seeking approval of the settlement, attorneys for both sides argued the deal was reached through “arm’s-length negotiations” and represents “a fair compromise in light of potential risks of continued litigation.” They warned that if the case continued, MoFi might have success in defending itself by arguing that the customers didn’t actually suffer any real harm by buying the digitally-processed records.
In a statement to Billboard in response to a request for comment on the proposed settlement, MoFi lead counsel Joseph J. Madonia said: “Unfortunately, we can’t comment on pending litigation, but MoFi stands behind its records and is offering anyone who is not satisfied a refund.”
While the new settlement was filed solely in one case (the case filed by Tuttle and Collman), it would cover all applicable MoFi buyers nationwide — including those who filed the separate cases in other courts and weren’t involved in negotiating the deal. If the agreement is approved, those other customers would be eligible for the same refunds, but they would also be barred from continuing to bring their own claims against MoFi.
Faced with that scenario, the attorneys who filed those other cases are none-too-pleased about the deal.
In a Jan. 27 filing, the lawyers who filed the Illinois case on behalf of Stiles decried the agreement as a “reverse auction” settlement, alleging that MoFi essentially shopped around between the various lawsuits and picked the most “ineffectual” lawyers it could find in order to get the cheapest nationwide settlement possible. They claimed MoFi’s lawyer had directly stated that he would “pick the lowest bidder” from the five class actions.
“There is no doubt that the [settling] plaintiffs have inadequately represented the class,” they wrote, saying that the settlement will be “perpetually tainted by the stink of collusion.”
An attorney for the settling customers declined to comment on the allegations of “collusion” and “reverse auctions.” A representative for MoFi declined to comment directly on those claims, but in a court document filed this week in the Stiles case, the company’s attorneys flatly rejected those allegations, arguing that the proposed settlement would “afford the best possible representation for the class.”
Attorneys for the objecting customers did not immediately return a request for comment on Thursday (Feb. 9).
Taylor Swift surprised Swifties on Thursday (Feb. 2) with a new version of Red (Taylor’s Version) on vinyl, and it’s finally available in, you guessed it, burning red.
“How are we celebrating All Too Well (10 Minute Version) (The Short Film)’s #GRAMMYs nominations? Dancing ‘round the kitchen in the refrigerator light…and heading to store.taylorswift.com to get #RedTaylorsVersionVinyl in burning red, while supplies last,” Taylor Nation shared on its social media accounts to spread the news.
Previously, the red edition of the re-recording had only been available as a Target exclusive, while the vinyl sold from Swift’s official webstore was just basic black when the album was released in Nov. 2021. At the time, the fan favorite record moved 605,000 album equivalent units to debut at No. 1 on the Billboard 200. Of that number, 114,000 were vinyl sales, and Red (Taylor’s Version) ultimately ended the year as the third top-selling vinyl of 2021 after just seven weeks of sales.
While some fans clamored in the comments for info on the next re-recording their queen might have up her sleeve — ahem, Speak Now (Taylor’s Version), anyone? — others were happy to revel in the refrigerator light of their favorite autumn album. “I remember this era all too well,” one fan commented. Others added sentiments like, “it’s always time for the red era,” “More like all too unwell now,” and “red (taylor’s version) as a red vinyl??? absolute PERFECTION!!!” (There was also a particularly hilarious joker, who couldn’t help deadpanning, “We were all wrong Red (Taylor’s Version) was actually next.”)
At this weekend’s Grammy Awards, Swift’s ten-minute version of “All Too Well” is up for both song of the year and best music video. Meanwhile, vault track “I Bet You Think About Me” earned a nomination for best country song and “Carolina” from Where the Crawdads Sing got a nod for best song written for visual media.
Get a look at the red version of Red (Taylor’s Version) below.
In 2020, after years of steady growth, the vinyl market exploded. Sales climbed over 46% in the United States, according to Luminate. Then, remarkably, they jumped another 51% in 2021.
But in 2022, that growth plummeted to a rate that was far more pedestrian: Luminate reported that sales were up a little more than 4%. (Pull two juggernauts — Taylor Swift‘s Midnights and Harry Styles‘ Harry’s House — out of that number, and growth was less than 1%.) Year-over-year growth also fell in the United Kingdom from 23.2% to 2.9%, according to the British Phonographic Industry.
“Some labels report sales are down,” says Nick Gordon, chief partnership officer at Symphonic Distribution. And big retailers like Walmart offered some titles at a heavily discounted price around the holiday season, stoking fears among the smaller players that those stores had overbought — maybe an indication of slackening demand.
Despite these figures, Gordon believes the vinyl market remains “healthy.” And several of his peers — from distributors to indie-label heads, chain stores to independent retailers — also seem unruffled by the slower growth. “It corrected the market,” says Todd Oenbrink, sales director for All Media Supply, a Florida-based indie wholesaler.
“It feels like a welcomed return to normalcy,” agrees Terry Cole, founder and owner of Loveland, Ohio-based store Plaid Room Records and the label Colemine Records. “It feels way healthier. This industry is not set up for rapid growth.”
And according to Russ Krupnick, managing partner of the market research company MusicWatch, “core metrics” in the vinyl market are still “showing strength.” “Our initial look at the data from 2022 is indicating that the number of vinyl buyers is still holding up,” he continues. “And in early projections, it looks like the used vinyl market is going to be up by double digits.”
During the first two years of the pandemic, demand for vinyl grew like crazy, outpacing production capacity. But retailers, distributors and manufacturers consider those two years an aberration — from 2015 to 2019, year-over-year growth ranged from around 9% to 17%.
When few music fans were going to shows due to COVID-19, “vinyl took a far greater share of music fan spending than it would otherwise take,” says Stephen Godfroy, director and co-owner of Rough Trade, which saw 30% growth in vinyl sales in 2022. “We saw exuberance for all sorts of things during the peak COVID era — vinyl, Netflix, cooking lessons, home improvement,” Krupnick notes.
Now listeners “are spending money on other things — going out drinking, going out eating, going to gigs — whereas they couldn’t do that much in lockdown,” says Peter Quicke, chair of independent label Ninja Tune. (Vinyl sales for Ninja Tune rose over 25% in 2022.) Even so, vinyl sales still grew.
With higher prices for raw materials and labor, the cost of records has also increased, another potential growth dampener. Several independent store owners expect major-label prices to increase again in 2023. “We keep hearing there are more [price hikes] to come,” says John Kunz, owner of Waterloo Records in Austin. “I wonder how that 10- or 20-something shopper is going to be able to afford that.”
Price sensitivity, especially in an uncertain macroeconomic climate, is a chief worry in the independent record store owner and label community. Already “we see customers backing away from the high prices for new releases,” says Michael Kurtz, co-founder of Record Store Day.
But at the same time, the vinyl industry’s production capacity is expected to rise in 2023. Slower growth last year “was less about people suddenly not wanting to buy as many records and more about the amount of records available to purchase,” says Cameron Schaefer, CEO of Vinyl Me, Please. (VMP sales were up 15% in 2022.) “The biggest limiter on growth is just pressing.” “We could have sold much more vinyl in 2022 if only we could have gotten hold of more supply of the right product,” Godfroy agrees.
Independent labels are still struggling with long turnaround times, executives say, which leads to missed sales for their artists — especially when an album doesn’t hit stores and streaming services at the same time. But more plants are coming online — Vinyl Me, Please expects to have its own new plant operational this year, for example — and existing facilities are adding capacity.
There are other potentially positive signs. Krupnick published a study on “the vinyl revolution” in 2022 which found that the most common barrier to buying records was “I don’t have or want to buy a turntable;” similarly, Luminate’s year-end report noted that only 50% of vinyl buyers have a record player. But “when Harry Styles came out last year, we saw a spike in turntable sales,” says Crissi Bariatti, music buyer at Barnes & Noble. “We are converting a lot of new vinyl fans” who might purchase LPs for years to come. (The chain had an “amazing December” for vinyl sales, and “January numbers are great” as well.)
Fluctuation in growth isn’t uncommon, of course. “Ebb and flow in vinyl sales over short periods” is natural, according to Scott Hagen, CEO of Victrola, a product of “what the new releases are, what the availability is in that moment in time, and what the general traffic in retail is.” (That was down in the fourth quarter of 2022.) Schaefer from Vinyl Me, Please predicts that “the next two years will give a much better preview of what to expect from the vinyl industry in the long term.”
“People got excited by high numbers in the years prior,” he continues. “If we can get to 10% a year, stay there and do that well? That’s healthy.”
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The way things are going, music rights valuations are likely to remain steady in the new year, according to dealmakers.
Total music consumption in the United States rose 9.2%, according to Luminate’s 2022 year-end report. While that was slower than the 11.3% consumption growth in 2021, “9.2% relative to 11.3% is not a massive move in growth,” says David Dunn, managing partner at Shot Tower Capital. “As a whole, the growth rates are within expectation for me and still very healthy,” adds Andy Moats, executive vp and director of music, sports and entertainment at Pinnacle Financial Partners. Last year’s numbers were also in line with the expectations of Daniel Weisman, principal at Bernstein Private Wealth Management. “Goldman Sachs’ report published in June of 2022 put streaming CAGR [cumulative annual growth rate] at 12%,” he says.
A mitigating factor is the difference in margins between digital and physical formats. On-demand song streaming — both audio and video — climbed 12.2%. On-demand audio streaming grew 12.1%, the same rate achieved in 2021. Physical album unit sales dropped 3.5%. CD unit sales fell a modest 11.6%, while vinyl LP unit sales grew 4.5% to a record 43.5 million units. Despite Taylor Swift selling nearly 1 million units of her Midnights album on vinyl and Beyoncé showing strong album sales across vinyl and CD formats, music consumption was — again — more digital than the prior year.
With streaming up and physical formats down, that mix is favorable for catalogs. “Margins are improving” as a result of increased digital consumption, says Dunn. Digital music is less expensive to distribute than physical formats — especially vinyl, which has relatively weak margins and high shipping costs. The cost of producing an additional download or stream is effectively zero, aside from negligible costs of data storage and bandwidth. That’s a net positive for catalog valuations. Experts value music catalogs by discounting future cash flows to a single present value. When revenues shift to higher-margin digital formats, rights holders will receive more cash.
The gains do not accrue evenly to all recordings and compositions, though. Last year’s streaming growth could “potentially” support current valuations for a catalog 10 years or older, “especially against a rising rate environment,” says Weisman.
Younger catalogs with decaying royalty growth, however, are a different matter. “I think for newer catalogs that have not yet leveled off and whose royalties are not increasing, it’s hard to argue that all the external economic factors — rising interest rates, inflation, etc. — do not have an impact,” says Weisman.
The shift in product mix carries implications for recorded music valuations specifically. As consumption increasingly skews toward digital, recorded catalog margins will catch up to those in the publishing business, says Dunn. “I generally think margin growth is continuing and I think investors are realizing you can exploit recorded catalog at margins similar to publishing.”
Focusing only on unit sales doesn’t tell the entire story, however. Vinyl records may have relatively poor margins, but rising vinyl prices create more margin dollars for labels. In the first half of 2022, the average sale price of vinyl in the United States rose 5.6% to $26.16, according to the RIAA.
Streaming is also becoming more valuable. After more than a decade of flat subscription prices, companies such as Apple, Amazon and Deezer are raising prices. Spotify’s CEO has indicated the company intends to raise prices in 2023, as well. Due to these increases — often just $1 per account — the U.S. streaming market could generate hundreds of millions of additional dollars this year without sacrificing a meaningful number of subscribers.
Nari Matsuura, partner at Citron Cooperman, believes the U.S. market is even healthier than Luminate’s data shows. That’s because music is becoming more ubiquitous with tech in our everyday lives, meaning there is revenue growth that consumption data can’t track.
“While streaming growth captured the whole narrative of the U.S. market a few years ago, now the narrative has changed to include much more than streaming,” she says. “Growth also needs to take into account the licensing of alternative music platforms, such as Peloton and Facebook, as well as the stellar growth in synch licensing due to the volume of new programming by SVODs as they compete for subscribers.”
Taylor Swift was the queen of vinyl albums in 2022, as the superstar sold more vinyl LPs in the U.S. than any other act by far last year: 1.695 million across her entire catalog of releases, according to the U.S. 2022 Luminate Year-End Music Report.
In fact, she sold more vinyl LPs last year than the next two biggest-sellers on vinyl combined: Styles with 719,000 and The Beatles with 553,000.
Swift loomed so large on vinyl in 2022, nearly one of every 25 vinyl LPs sold last year in the U.S. was a Swift album (1.695 million of 43.46 million total vinyl albums sold by all artists).
Swift’s latest release, Midnights, was the top-selling vinyl album of 2022 in the U.S., with 945,000 copies sold across all of its vinyl variants and editions. The album has the largest yearly sales total for a vinyl album since Luminate began tracking sales in 1991. Midnights also posted the single-largest sales week for a vinyl LP in Luminate history, when it launched with 575,000 copies in its first week.
Swift has six of the year’s top 40-selling vinyl albums – Midnights (No. 1; 945,000), Folklore (No. 7; 174,000), Red (Taylor’s Version) (No. 11; 153,000), Evermore (No. 14; 134,000), Fearless (Taylor’s Version) (No. 30; 97,000) and Lover (No. 36; 91,000). Harry Styles and Kendrick Lamar have the second-most titles among the year’s top 40-selling vinyl LPs, with three each.
Midnights, and Swift’s popular catalog, helped U.S. vinyl album sales grow for a 17th consecutive year in 2022. It was also the second year in a row, and only the second year since Luminate began tracking music sales in 1991, where vinyl albums outsold CD albums. Vinyl continues to be the leading format for album purchases for the second straight year.
Swift’s vinyl album sales, like many acts, benefit from the availability of a range of alternative versions and color-vinyl variants for her vinyl releases.
Midnights, for example, was available in four standard vinyl LP editions, each with a different cover and colored vinyl (dubbed Moonstone Blue Edition, Jade Green Edition, Mahogany Edition and Blood Moon Edition). Target stores also carried an exclusive colored-vinyl Lavender Edition. To further enhance sales, Swift’s official web store sold signed copies of the four standard vinyl LPs during a pre-order window before the album launched. As previously reported when the album debuted at No. 1 on the Billboard 200, some superfans may have been motivated to purchase all four vinyl variants, as the back covers of the albums fit together like a puzzle to display a clock face (a literal reference to Midnights). Swift shared the news through her social media in mid-September, saying: “If you put all the back covers together, she’s a clock. It’s a clock… It makes a clock.” (Swift’s official web store previously sold hardware to hold the four CDs or the four vinyl LPs together as a wall clock.)
Luminate began tracking music sales in 1991 when the company was known as SoundScan. Luminate’s sales, streaming and airplay data is used to compile Billboard’s weekly charts. Luminate’s 2022 tracking year ran from Dec. 31, 2021, through Dec. 29, 2022. Luminate is an independently operated company owned by PME TopCo, a PMC subsidiary and joint venture between Penske Media Corporation and Eldridge. Billboard is an independently operated company owned by PME Holdings, a subsidiary of PME TopCo.
In 2022, for the second year in a row — and only the second year since Luminate began tracking music sales in 1991 — vinyl albums outsold CD albums in the U.S. Vinyl continues to be the leading format for album purchases for the second straight year, according to figures announced in the U.S. 2022 Luminate Year-End Music Report.
Vinyl was the dominant format for album purchases in the U.S. up until the early 1980s. After that, cassettes took hold until the early 1990s, when the CD format blossomed and remained king until 2021.
Further, vinyl album sales grew for a 17th consecutive year in the U.S., with Taylor Swift’s Midnights ruling as the top-selling vinyl LP in 2022. It sold 945,000 copies last year — the largest yearly sales total for a vinyl album since Luminate began tracking sales in 1991.
Growth for the format is slowing, though. Following a 51.4% year-over-year increase in vinyl album sales in 2021 and a 46.2% year-over-year increase in 2020, sales in 2022 rose just 4.2% over the year. Whether that’s due to slowing demand or supply issues that more pressing plants could help alleviate — it marks a significant deceleration following a pandemic-fueled period of rapid expansion.
17 YEARS OF VINYL GROWTH: 43.46 million vinyl albums were sold in 2022 (up 4.2% from 41.72 million in 2021). 2022 was the 17th consecutive year vinyl album sales grew in the U.S., and the largest year for vinyl album sales since Luminate began tracking data in 1991. Plus, vinyl LP sales posted their single-largest sales week of the Luminate era when 2.232 million vinyl albums were sold in the week ending Dec. 22.
43% OF ALL ALBUMS SOLD WERE VINYL LPS: Vinyl album sales comprised 43.4% of all album purchases in the U.S. in 2022 (43.46 million of 100.09 million total sales across all formats — both digital and physical). Vinyl LPs accounted for 54.4% of all physical albums sold last year (43.46 million of 79.89 million; physical albums include CDs, vinyl LPs, cassette tapes and other niche physical formats). Both sums are Luminate-era records for vinyl’s share of the album sales market in the U.S.
In 2022 there were a total of 88 albums that sold at least 50,000 copies on vinyl — up from 87 in 2021. To compare, only 56 albums in the CD format sold at least 50,000 copies in 2022 (down from 67 in 2021).
ONLY HALF OF U.S. VINYL BUYERS OWN A RECORD PLAYER: While vinyl album sales continue to gain each year in the U.S., only half of those fans buying records actually own a vinyl record player, according to a research survey commissioned by Luminate. Last September, the firm published the statistic as part of its U.S. Music 360 2022 – Wave 2 report. Of those respondents over the age of 13 who had purchased vinyl in the previous 12 months, there was a question asked about which devices they owned, and only 50% said they owned a record player. Total respondents for the Music 360 study: 3,992.
NEARLY HALF OF ALL VINYL ALBUMS WERE SOLD AT INDIE STORES: in 2022, 48% of all vinyl albums sold in the U.S. were purchased at independent record stores (20.92 million of 43.46 million). The second-largest seller of vinyl LPs in 2022 was Luminate’s category of Internet/mail order/venue, which accounted for 32.8% of the market (14.26 million of 43.46 million). Sales included in the Internet/mail order/venue category include those generated by mail-order websites like Amazon, Target.com and Walmart.com, official artist web stores and merchandise stands at concert venues. In third place was the mass merchant category, which includes in-store sales at stores like Target and Walmart. The segment had 13.6% of vinyl album sales in 2022 (5.90 million of 43.46 million).
ROCK RULES: Among Luminate’s core music genres measured, rock music accounted for a leading 51.83% of all vinyl albums sold in 2022 (22.52 million of 43.46 million). That’s essentially the same volume as in 2021 when rock accounted for 51.78% of all vinyl albums sold (21.60 million of 41.72 million). The second-biggest genre for vinyl album sales in 2022 — and in 2021 — was R&B/hip-hop, which accounted for 17.59% of the market last year (7.65 million of 43.46 million). In 2021, R&B/hip-hop held 17.38% (7.25 million of 41.72 million). R&B/hip-hop is an umbrella genre that includes most R&B and/or rap albums.
‘MIDNIGHTS’ IS MASSIVE: The top-selling vinyl album of 2022 is Swift’s Midnights, with 945,000 copies sold across all of its vinyl variants and editions (see top 10 list, below). Midnights has the largest yearly sales total for a vinyl album since Luminate began tracking sales in 1991. The set also posted the single-largest sales week for a vinyl LP in Luminate history, when it launched with 575,000 copies in its first week.
TOP 10 SELLING VINYL ALBUMS OF 2022 IN U.S.1. Taylor Swift, Midnights (945,000)2. Harry Styles, Harry’s House (480,000)3. Olivia Rodrigo, Sour (263,000)4. Kendrick Lamar, good kid, m.A.A.d city (254,000)5. Fleetwood Mac, Rumours (243,000)6. Tyler, the Creator, Call Me If You Get Lost (211,000)7. Taylor Swift, Folklore (174,000)8. Tyler, the Creator, Igor (172,000)9. Michael Jackson, Thriller (168,000)10. The Beatles, Abbey Road (160,000)Source: Luminate, for the tracking period Dec. 31, 2021, through Dec. 29, 2022.
Eight of the year-end top 10-selling vinyl albums saw their sales enhanced by their availability across multiple variants (including assorted color-vinyl editions). Among the top 10 vinyl sellers, only Tyler, the Creator’s Call Me If You Get Lost (No. 6) and Igor (No. 8) were available in one iteration each.
Midnights, for example, was available in four vinyl LP editions, each with a different cover and colored vinyl (dubbed Moonstone Blue Edition, Jade Green Edition, Mahogany Edition and Blood Moon Edition). Target stores also carried an exclusive colored-vinyl Lavender Edition. To further enhance sales, Swift’s official web store sold signed copies of the four standard vinyl LPs during a pre-order window before the album launched. As previously reported when the album debuted at No. 1 on the Billboard 200, some superfans may have been motivated to purchase all four vinyl variants, as the back covers of the albums fit together like a puzzle to display a clock face (a literal reference to Midnights). Swift shared the news through her social media in mid-September, saying: “If you put all the back covers together, she’s a clock. It’s a clock… It makes a clock.” (Swift’s official web store previously sold hardware to hold the four CDs or the four vinyl LPs together as a wall clock.)
SWIFT IS QUEEN OF VINYL: Swift sold the most vinyl albums among all acts in 2022 in the U.S., with 1.695 million sold across her entire catalog of albums. (She sold more vinyl LPs last year than the next two biggest sellers on vinyl combined: Harry Styles with 719,000 and The Beatles with 553,000.) Swift loomed so large on vinyl in 2022 that one of every 25 vinyl LPs sold last year in the U.S. was a Swift album (1.695 million of 43.46 million).
Swift has six of the year’s top 40-selling vinyl albums — Midnights (No. 1; 945,000), Folklore (No. 7; 174,000), Red (Taylor’s Version) (No. 11; 153,000), Evermore (No. 14; 134,000), Fearless (Taylor’s Version) (No. 30; 97,000) and Lover (No. 36; 91,000). Styles and Kendrick Lamar have the second-most titles among the year’s top 40-selling vinyl LPs, with three each.
Luminate began tracking music sales in 1991 when the company was known as SoundScan. Luminate’s sales, streaming and airplay data is used to compile Billboard’s weekly charts. Luminate’s 2022 tracking year ran from Dec. 31, 2021, through Dec. 29, 2022. Luminate is an independently operated company owned by PME TopCo, a PMC subsidiary and joint venture between Penske Media Corporation and Eldridge. Billboard is an independently operated company owned by PME Holdings, a subsidiary of PME TopCo.
The new Paul McCartney box set includes more than 50 years of singles – 65 re-creations of previous 7-inch releases and 15 new ones, plus a book – in a wood crate that comes with straps to make it easier to lift. Have silly love songs ever weighed so much? It’s the ultimate way to preserve, and sell, a music format that was originally intended to be disposable.
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All told, The 7” Singles Box makes a solid case for McCartney as the auteur of the three-minute pop song. In The Beatles, McCartney helped remake the album as an ambitious art form – but he remains devoted enough to singles to keep a jukebox in his London office. By some measures, he’s the most successful singles artist of all time: The Beatles are No. 1 on Billboard’s ranking of the top-charting Hot 100 acts of all time and McCartney is No. 13 as a solo artist (including his work with Wings). When it came out, “Mull of Kintyre” was the best-selling single in U.K. history – and it may not even be one of the dozen best songs here.
Appropriately for its focus on singles, this set offers a refreshingly warts-and-all picture of McCartney’s post-Beatles career. (McCartney owns the rights to his solo recordings, so the decision was his, and it’s a good one.) At a time when most of his ’60s and ’70s peers are editing their legacies, McCartney includes everything, from the sublime (“Band on the Run,” “My Brave Face,” a live version of “Maybe I’m Amazed” and much more) to the silly (“Ode to a Koala Bear;” “Rudolph the Red-Nosed Reggae,” the bass-heavy B-side of “Wonderful Christmastime”).
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The dig against McCartney is that he often didn’t live up to his genius, but maybe he just wasn’t always in the mood. Part of the point of Wings was that making music in the shadow of The Beatles was freighted by the kind of expectations that make it hard to make great pop singles. John Lennon and George Harrison both began their solo careers making music that was arguably more adventurous, but both of them also eventually got back to basics. McCartney certainly wasn’t afraid to be ambitious: One of these singles, previously unreleased as such, features the Royal Liverpool Philharmonic Orchestra. Another is “We All Stand Together,” from the movie Rupert and the Frog Song. You get the sense that he got a kick out of both of them. So will many listeners.
More than any other major artist, McCartney proved that pop music could be both artistically ambitious and awfully silly – sometimes even both at once – and succeed on its own terms either way. Not all of these songs were received well when they were released, but many deserve another listen – especially as singles. So does the music McCartney continues to make. As big as this box is, “it doesn’t include my latest single,” McCartney writes in the foreword, “because I haven’t written that one yet.”