Vinyl Record Sales Are Not Down, Luminate and Warner Respond

Vinyl Record Sales Are Not Down, Luminate and Warner Respond

Published: November 13, 2024

Duration: 1:20:26

For the last 18 years the vinyl record industry in the U.S. has sustained a continuous uptick in sales. So when a report last month by Luminate, the leading music industry source for tracking music consumption, indicated a precipitous 33% drop during the first half of 2024, it caused quite a stir. Since then, Luminate has retracted its original report, and followed up with a corrected report saying vinyl sales were actually up 2.2% in 2024.

To find why this happened, we speak with Chris Muratore, Director at Luminate and music industry insider Billy Fields from Warner Music Group.

Ultimately...