Vinyl records outsold CDs for the first time since 1987

Here’s a fascinating thing that happened that no one expected! Vinyl records are making a comeback and have overtaken CD sales for the first time since 1987!

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This information comes from the RIAA (The Recording Industry Association of America), which reports that physical music formats including vinyl, CD and cassette tapes saw a 4% increase from 2021 to 2022. They also say that last year vinyl gained $1.2B of the $1.7B in Physical Media Sales!

The report goes on to show that records outsold CDs by 41.3 million to 33.4 million and that this is the 16th consecutive year of growth for vinyl. CD sales are declining and decreased 18% from $585 million to $482 million in revenue between 2021 and 2022.

I never thought I’d see vinyl make such a huge comeback, but with streaming and digital music taking the industry by storm if people start collecting physical media, vinyl is definitely the way to go! I’ve always loved listening to music on vinyl, ever since I was a kid. There’s just a sound and a feel that you can’t capture with anything else.

Of course, streaming music still dominates the music industry, but it’s great to see that more and more people are entering the vinyl collector market!

by Joey Paur
Source: Geek Tyrant

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