Vinyl Vs Cd Sales
The first half of 2019 saw a 12 9 growth of vinyl sales while cd sales stayed stagnant.
Vinyl vs cd sales. Yet unit volume of cd sales remains much higher than vinyl especially with used cds taken into. For the first time since 1986 vinyl is on track to outsell cds. In 2019 18 8 million lps were sold in the. The vinyl revival is the renewed interest and increased sales of vinyl records or gramophone records that has been taking place in the western world since about 2007.
Amid all the talk of music streaming and the renaissance of vinyl the continued plummeting of cd sales hasn t been getting a lot of attention in recent years according to the recording industry. While cd sales are still in the lead with 247 9 million vinyl sales are projected to rise to the top. Vinyl record sales surpassed cds for the first time in decades. Ldprod istock via getty images.
For the first time since 1986 vinyl is on track to outsell cds. Continuing one of the more surprising comebacks of the digital age vinyl album sales in the united states have grown for the 14th consecutive year. The 2020s have officially begun but based on the music. Sales of audio cds have been declining in recent years mostly due to the growth of music downloads.
Vinyl records almost went extinct in the 1990s after the compact disc took over as the preferred media. Vinyl sales increased by 55 8 from 2010 to 2011 and then 131 8 from 2011 to 2012. Vinyl records earned 224 1 million on 8 6 million units in the first half of 2019 closing in on the 247 9 million on 18 6 million units generated by cd sales. Furthermore there was an 18 5 year over year increase in sales of new vinyl from 2016 to 2017.
The digital compact disc format evolved into multiple forms to handle data cd rom dvd blu ray. Used vinyl sales vs. Vinyl revenue grew by 12 8 in. New vinyl sales reported by the riaa millions of units.