- #1
- 16,031
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More new vinyl records sold than CDs
- Thread starter jtbell
- Start date
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SUMMARY
In a significant shift in the music industry, vinyl record sales have surpassed CD sales for the first time since the 1980s, generating $232.1 million compared to CDs' $129.9 million in the first half of the year, according to the Recording Industry Association of America. This trend highlights a growing preference for physical music formats among consumers, particularly younger audiences who are increasingly turning away from CDs in favor of streaming services. The resurgence of vinyl reflects a broader cultural movement towards nostalgia and tangible music experiences.
PREREQUISITES- Understanding of music sales metrics and industry reports
- Familiarity with the Recording Industry Association of America (RIAA) and its role
- Knowledge of current trends in music consumption, including streaming
- Awareness of the historical context of vinyl and CD sales
- Research the impact of streaming services on physical music sales
- Explore the resurgence of vinyl records and its cultural significance
- Analyze the financial reports from the RIAA for deeper insights
- Investigate consumer demographics driving the vinyl sales trend
Music industry professionals, marketers, collectors, and anyone interested in the evolving landscape of music consumption and sales trends.
- #2
nsaspook
Science Advisor
- 1,552
- 5,121
What about sales of 8-track tapes?
https://www.theverge.com/2020/2/7/21110785/5seven-8-track-tapes-thee-oh-sees-music
- #3
gmax137
Science Advisor
Education Advisor
- 3,165
- 3,757
More like, the kids don't buy CDs anymore. Streaming is where its at now.
https://www.riaa.com/u-s-sales-database/
https://www.riaa.com/u-s-sales-database/
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