2015 will go down as the first year in U.S. history that new release albums were outsold by catalogue albums released more than 18 months ago.
Nielsen’s annual music report showed catalogue albums came out on top by a jaw-dropping 4.3 million copies. Compare this with only a decade ago when current music outsold catalogue albums by over 150 million copies.
The nostalgia bandwagon could be attributed to the vinyl revival as many rediscover the turntable delights and joy of a physical collection. Cop this for a stat: in 2015, Pink Floyd’s Dark Side of the Moon was the third highest selling album on vinyl at a whopping 50,000 records.
This old school revolution could also come down to the amount of listeners opting to stream new releases rather than buy them; as many music lovers are lured by instant, affordable and extensive access without taking up space.
We’re now watching to the horizon to see if digital sales of catalogue albums exceed current releases. Labels and artists alike are hedging their bets with increased retrospective vinyl releases. Get the lowdown on the showdown here