Vinyl albums outsold CDs last year for the first time since 1987, according to the Recording Industry Association of America’s year-end report released Thursday.

It marked the 16th consecutive year of growth in vinyl, with 41 million albums sold — compared to 33 million CDs.

Streaming is still the biggest driver of the music industry’s growth, making up 84% of recorded-music revenue, but physical music formats saw a remarkable resurgence in the past couple of years.

Vinyl revenue grew 17% and topped $1.2 billion last year, making up nearly three-quarters of the revenue brought in by physical music. At the same time, CD revenue fell 18% to $483 million, the RIAA said.

Read more


Visits: 22

Leave a Reply

Your email address will not be published. Required fields are marked *

error: Content is protected !!