tpetsch
...The rhythm has Control
Interesting article about record sales:
"Vinyl continued its remarkable revival by outselling CDs in 2022 for the first time since 1987, according to the Recording Industry Association of America’s annual report. The RIAA's year-end summary reflects this astonishing comeback, with vinyl albums selling 41 million units in comparison to just 33 million CDs.
As vinyl sales continue to grow, CD sales are falling. Revenues from vinyl records rose 17% to $1.2 billion in 2022, the sixteenth consecutive year of growth for the format, and accounted for 71% of all physical music format revenues. While CDs did experience a 2021 rebound after 2020, revenues from CDs dropped a worrying 18% to $483 million in 2022.
Streaming, unsurprisingly, continues to dominate the entire picture..."
https://www.whathifi.com/news/recor...&utm_content=whathifi&utm_campaign=socialflow
"Vinyl continued its remarkable revival by outselling CDs in 2022 for the first time since 1987, according to the Recording Industry Association of America’s annual report. The RIAA's year-end summary reflects this astonishing comeback, with vinyl albums selling 41 million units in comparison to just 33 million CDs.
As vinyl sales continue to grow, CD sales are falling. Revenues from vinyl records rose 17% to $1.2 billion in 2022, the sixteenth consecutive year of growth for the format, and accounted for 71% of all physical music format revenues. While CDs did experience a 2021 rebound after 2020, revenues from CDs dropped a worrying 18% to $483 million in 2022.
Streaming, unsurprisingly, continues to dominate the entire picture..."
https://www.whathifi.com/news/recor...&utm_content=whathifi&utm_campaign=socialflow