Billboard magazine reports that "sales of digital tracks and albums declined last year" were lower than the years leading up to the launch of Apple's iTunes Store in 2003, Billboard reports.
CD sales and album sales were also down as Spotify and Pandora streaming services took over as new mediums of music distribution.
Surprisingly, vinyl records were resurrected posting big sales with LPs selling 32 percent higher from the previous year. The trend continues from a muted growth trend that began in the 1990s and vanished around 2007.
2013 was the "highest sales mark since the advent of Soundscan in 1991" according to The Oregonian's David Greenwald . Last year saw the sixth consecutive year that vinyl long LPs recorded their increase.
Looking at the total figures, LPs are still low in number, just 2% or 6 million units of album sales in the U.S. Nonetheless, the growth has been surprising.
Apart from that, the come-back to vinyl is a an obsession with the vintage style linking to a nostalgic to the past. Analog is also in for the same reason, a deviation to the past.
Analysts say that technology in overdrive in music technology created by the ubiquitous Youtube and the social media culture has created a push away from "digitization, corporatization, globalization."
The notion of the album itself is associated with the vinyl renaissance in the music industry. It makes a 'cohesive statement' about the music composed by a specific band.
In 2013, Daft Punk released the top record. Interestingly, three out of every four LPs sold were rock albums, reports Billboard . 65 percent of the albums sold at independent music outlets.
Vinal retailers like Acoustic Sounds, Music Direct, and Mobile Fidelity Sound Lab are capitalizing on the resurgence to vinyl.