Music Industry

Update: Vinyl continues to have a good year in Canada.

For people who still insist that the return to vinyl is a fad–albeit a fad that’s been getting bigger every year since 2008–really need to look at the weekly Luminate music consumption stats.

Sales of new vinyl–i.e. fresh records and not counting sales of used vinyl at record shows or independent shops–are still on a tear in Canada this year.

So far in 2024, 176,451 new LPs have been sold across the country, a year-over-year increase of 36.6%. Compare that to the sales of CDs which have moved 172,083 units, a drop of 17.8% from this time last year. If we look at last week and compare it to the one before, Canadians bought 31,464 LPs compared to 27,404 CDs.

So yes, just like 1989, vinyl is outselling the compact disc. And if the trend keeps up, 2024 will end with LPs out-selling and out-grossing CDs.

I should also mention streaming. On-demand audio streams reached 2.715 billion for the week ending February 8. That’s an all-time record.

Alan Cross

is an internationally known broadcaster, interviewer, writer, consultant, blogger and speaker. In his 40+ years in the music business, Alan has interviewed the biggest names in rock, from David Bowie and U2 to Pearl Jam and the Foo Fighters. He’s also known as a musicologist and documentarian through programs like The Ongoing History of New Music.

Alan Cross has 38025 posts and counting. See all posts by Alan Cross

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