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RE: You'll find that your billion dollar speculation is more than double the actual $427M answer.

The thing with sales numbers when comparing vinyl is that to be fair to vinyl most of the sales are SECOND HAND copies that according to E-Stat don't get tracked.

I'm not dumping on digital at all here just to say that most people who buy vinyl are buying second hand. Even here in HK where the giant HMV resides - they have half a floor dedicated to vinyl and 95% of the albums being sold are second hand copies. Because you just can't get a new vinyl print of most 70s and 80s music.

If we conservatively estimate that for every new vinyl album sold 50 second hand vinyls are sold - then factoring this in - vinyl is probably doing astoundingly better than the RIAA numbers would suggest.


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