Music fans rekindle love for vinyl as CD sales nosedive

Dust off your Oasis records, vinyl is back.

The long-obsolete black discs have had a resurgence thanks to collectors, audiophiles and hipsters.

According to music sales recorder Nielsen, the format is now so popular that in 2015 it made up 12 per cent of all album sales and was the fastest growing music format in the US.

In the UK, vinyl sales have hit a 20-year high.

Meanwhile, the format that originally forced vinyl to go the way of the dodo, compact discs (CDs), is in decline.

Sales fell 31.5 per cent in 2015, according to the Recording Industry Association of America.


And if the floor of the recent CES 2016 expo in Las Vegas is anything to go by, sound and electronics manufacturers are taking notice of the trend.

Amid the hype over virtual reality headsets and Netflix's world domination, Sony and Audio-Technica announced new record player turntables for the modern vinyl lover.

A far cry from your grandfather's creaky music box, these sleek turntables not only play vinyls but can record and upscale audio for users to listen to their music elsewhere.

Sony Australia audio product specialist Andrew Hughes says the reason people still love vinyl records is simple - they're art.

"One of my friends who buys vinyl told me that he likes having a physical copy of an album ... He likes to collect music like he collects art and books," Hughes told AAP.

"Even the covers are like a piece of art."

On his recent trip Down Under, Elton John took time out from his busy Australian tour to swing by a record store in Sydney's Newtown to beef up his vinyl collection.