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.
Vinyl sales over time.
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.
The wall street journal also reports that the vinyl sales are the highest numbers recorded by soundscan since the music industry monitor started tracking them back in 1991.
8 tracks took a short lived run at the dominance of vinyl cassettes faded away as compact discs took the world by storm and through it all the music industry saw its revenue continue to climb.
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In 2019 18 8 million lps were sold.
This time last year the sale of vinyl albums reached 1 2m while digital sales were 4 4m.
Vinyl has also experienced eight consecutive years of growth despite almost dying out around 2006.
Vinyl revenue grew by 12 8 in.
While cd sales are still in the lead with 247 9 million vinyl sales are projected to rise to the top.
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Furthermore there was an 18 5 year over year increase in sales of new vinyl from 2016 to 2017.
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Aug 27 2020 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.
Meanwhile data from the.
The first half of 2019 saw a 12 9.
Vinyl sales increased by 55 8 from 2010 to 2011 and then 131 8 from 2011 to 2012.
So far this year vinyl sales have grossed 224 1 million.