While sales of vinyl records have been rising for a while now (Consumers like the sound quality and like the feel of vinyl records.), 2016 was a banner year. Sales hit a 28-year high -- led by David Bowie, whose latest and final album, Blackstar, was the bestselling vinyl record of the year.
Whether the rapid growth will continue is questionable, says Glenn Hower, senior research analyst at Parks Associates.
From the article "What’s Old Is New Again" by Vera Gibbons.
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A US-based market researcher in its study said that 68 percent of smartphone owners in the country listen to music via streaming outlets on a daily basis. Parks Associates has released new data that r...
