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No, vinyl sales have not overtaken music streaming revenues no. A mid-year report from the Recording Industry Association of America (RIAA) found that US consumers spent $226m (£149m) on vinyl albums and singles in the first half of the year, surpassing $162.7m in revenues from ad-supported streaming.

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Taylor Swift famously removed her music from Spotify in a spat over pay Photo: Rolf Vennenbernd/EPA

Is the hipster revolution really strong enough to have catapulted sales of vinyl records ahead of revenues from music streaming services such as Spotify?

In a word, no. A mid-year report from the Recording Industry Association of America (RIAA) found that US consumers spent $226m (£149m) on vinyl albums and singles in the first half of the year, surpassing $162.7m in revenues from ad-supported streaming.

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