Vinyl Is About to Become a Billion-Dollar Industry

The Financial Times reported this week that vinyl is poised to become a billion-dollar industry in 2017. Citing research from amorphous multinational Deloite, they wrote that vinyl, "is expected to generate between $800m and $900m in revenue in 2017," putting it on the cusp of a billion-dollar year for the first time since the 1980s.
"Vinyl should account for almost a fifth of the sales of physical music products in 2017," they wrote, "and around 7 per cent of the $15bn that the global music industry is expected to take."

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