CD sales continue to fall, but there's actually a small bit of good news for the recording industry: people are buying more music in vinyl. Yes, you read that correctly, vinyl.
You would have thought that downloads killed the music star, but an article in the July 16 Guardian newspaper in the U.K. says that young music listeners have sparked a revival of the vinyl record. Sales have increased notably in the first half of 2007, and the boost is coming not from older listeners but from young music fans, many of them buying 7-inch singles.
The article says that two-thirds of all singles in the United Kingdom now are issued in the 7-inch format, with sales coming in at more than one million. The White Stripes' Icky Thump is the best seller.
Buyers apparently like the idea of having tangible copies of their music, rather than just a collection of thousands of songs on a hard drive, while music companies are attracted by putting out limited numbers of vinyl recordings that quickly become valuable collectors' items.
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