LPs are back, Back, BACK! And actually, they’ve been back for some time, as the latest stats from the BPI and Official Charts Company in the UK indicate. Nearly 550k vinyl albums have been sold so far in 2013, putting the UK industry on course for 700k and takings of £12m for 2013 as a whole. That’s the best year for vinyl since 2001, with sales having doubled year-on-year so far. It’s still a niche: vinyl is 0.8% of British album sales, but that’s up from 0.1% in 2007, which was the low point for LPs in recent memory. More than £2m of vinyl was sold on Record Store Day (20 April) alone, with the Entertainment Retailers Association already having announced that indie stores accounted for more than 50% of vinyl sales in the first half of the year. The BPI is celebrating the resurgence with a survey showing that one in five vinyl purchasers buy at least once a week, while seven in 10 buy at least once a month. 35.3% of these buyers are aged under 35, too.
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In the year or so since its launch, AI startup Kaiber has been making waves,…