Vinyl Versus Cd Sales

This year vinyl sales have outpaced cd sales in the united states for the first time since the 1980s.

Vinyl versus cd sales.

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 first half of 2019 saw a 12 9. Furthermore there was an 18 5 year over year increase in sales of new vinyl from 2016 to 2017. The days of vinyl records being a nostalgic relic of the past are long gone.

Vinyl records accounted for 232 1 million of music sales in the first half of the year compared to cds which brought in only 129 9 million according to a report from the recording industry. Ldprod istock via getty images. Vinyl revenue grew by 12 8 in. Sales of audio cds have been declining in recent years mostly due to the growth of music downloads.

New vinyl sales reported by the riaa millions of units. Yet unit volume of cd sales remains much higher than vinyl especially with used cds taken into. Americans seem to be listening to more vinyl records amid the pandemic. Vinyl sales increased by 55 8 from 2010 to 2011 and then 131 8 from 2011 to 2012.

Vinyl record sales surpassed cds for the first time in decades. So far this year vinyl sales have grossed 224 1 million. In fact vinyl outsold cds for the first time since the 1980s according to a recently released mid year report from the. The digital compact disc format evolved into multiple forms to handle data cd rom dvd blu ray.

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. While cd sales are still in the lead with 247 9 million vinyl sales are projected to rise to the top.