Boing Boing

Vinyl records now outselling CDs

For the first time in nearly four decades, vinyl records have outsold CDs. According to the Recording Industry Association of America (RIAA), there were $232.1 million in vinyl music sales and $129.9 million in CD sales during the first half of 2020. Of course, that's pennies compared to streaming music's revenue of $4.8 billion for the same period. From CNN:

Since 2005, sales for vinyl have grown consecutively. In the first half of 2020, vinyl revenue was up 4%, while CD revenue was down 48%, according to the RIAA[…]

That makes streaming the dominating music format, accounting for more than 85% of music industry revenue.

And, um, how much of that 85% goes to the artists creating the music?

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