The much discussed vinyl revival continues to gain momentum.

Last month, Clash reported that sales were set to reach their highest level since 1996. Now, Billboard has concluded that vinyl album sales will top the magical million mark in just a few short weeks.

The news-sheet concludes: "According to new figures released by the Official Charts Company (OCC) in conjunction with labels trade body BPI, UK vinyl sales for the first nine months of 2014 are close to 800,000, surpassing the 780,674 that were sold the previous year, and with the all-important holiday season still to come."

Some context: as recently as 2007, vinyl sales dropped as low as 200,000 which means that the format has enjoyed a five-fold increase in just seven years.

However, it's not all good news. Forbes reports that so far this year not one artist has gone platinum with an album released in 2014. By way of comparison, the same point last year saw five artists gain that platinum disc from the record industry.

Forbes reports that the big sellers were all initially released in 2013: Lorde's debut album, Beyonce's surprise return and - of course - the 'Frozen' soundtrack.

Related: The Vinyl Revival - From The Frontline