Music industry soars in 2017 thanks to vinyl and streaming

iNews is reporting that the music industry saw a growth of 9.5% last year, with thanks being pointed towards the vinyl resurgence and digital streaming, as well as the rise of Grime music in the UK.

Industry body the BPI said 68.1 billion song streams were played in 2017, up 51.5%, driving the 9.5% overall rise in music consumption.

Vinyl sales saw a huge increase of 26.8%, with over 4 million units sold. The sales were dominated by huge releases from Liam Gallagher and Ed Sheeran, as well as reissues from Oasis and Pink Floyd.

The popularity of Grime has also made its way into the mainstream over the past 12 months, particularly in the case of Stormzy. His Gang Signs and Prayers album was critically acclaimed upon release, with it even outselling the latest Taylor Swift album, Reputation.

You can see a list of the biggest selling vinyl releases in 2017 below.

01 Ed Sheeran ‘Divide’
02 Liam Gallagher ‘As You Were’
03 Fleetwood Mac ‘Rumours’
04 Original Soundtrack ‘Guardians Of The Galaxy – Awesome Mix 1’
05 Amy Winehouse ‘Back To Black’
06 Rag’n’Bone Man ‘Human’
07 Pink Floyd ‘Dark Side Of The Moon’
08 The Beatles ‘Sgt Pepper’s Lonely Hearts Club Band’
09 Oasis ‘(What’s The Story) Morning Glory’
10 David Bowie ‘Legacy’

eil.com… the world’s largest online retailer of rare and out of print vinyl, CD and music memorabilia – since 1987

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