Vinyl record sales have surpassed the one million mark in 2014, with the Christmas period still to come, making it the highest selling year for vinyl records since 1996.

Sales are estimated to hit the 1.2 million mark by Christmas and the Official Chart Company is now set to launch a weekly vinyl chart in response to the resurgence of the format.

The vinyl industry is now worth around £20 million and the Official Chart Company’s managing director, Martin Talbot, said to the BBC:

"In an era when we're all talking about digital music, the fact that these beautiful physical artefacts are still as popular as they are is fantastic."

"It's really remarkable. We're seeing it come back as a significant earner for the music industry as well. Only five years ago this business was worth around £3m a year. This year it's going to be worth £20m."

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