England started this whole hi-fi thing and it makes sense the future of audio is taking place in the home of The Beatles, Shakespeare and Union Jack underwear. Yes, according to The Business Online, vinyl and MP3s are like peanut butter and jelly while CDs are, well, expired deli meat:
According to Rob Campkin, the head of Music at Virgin Megastores, vinyl is now outselling CDs when it comes to the latest records.
“Up to 70% of sales of new releases are vinyl. The fans of popular new rock bands like Arctic Monkeys and The Raconteurs prefer vinyl to CD,” said Campkin. “When the Raconteurs’ latest single was released, 80% of high-street sales were for seven-inch vinyl and only 20% were for CDs.”
“We are not just talking about vinyl singles but also about albums – the format is just continuing to grow,” said HMV spokesman Gennaro Castaldo.
Awesome, vinyl is kicking ass and taking names. The same thing appears to be happening among the influential hipsters of America as well -- MP3 downloads for the 'Pod and vinyl for the home collection. Makes sense, no? Excellent article with a lot more goods. Read it all.