Geoff Taylor Britain record 2020 Music Geoff Taylor Britain

UK vinyl spending set to overtake CDs for first time since 1980s

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Rick Astley and Pet Shop Boys topped the charts.Geoff Taylor, chief executive of the BPI, told The Guardian: “Vinyl’s exceptional performance despite retail lockdowns confirms its role as a long-term complement to music streaming.“2021 is likely to be the year in which revenues from LPs overtake those from CDs for the first time in well over three decades – since 1987.

In addition to the immediacy and convenience of streaming, fans want to get closer to the artists they love by owning a tangible creation.”Additionally, the number of vinyl records sold hit a three-decade high of 4.8m in 2020.

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