Eau claire wqow a blast from the past as vinyl record sales have officially surpassed cd sales for the first time since the 1980s.
Total record sales in vinyl cd downloads.
Cd shipments however fell 6 to 1 1 billion.
Vinyl record sales have helped.
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.
Vinyl revenue grew by 12 8 in.
The riaa s revenue numbers for the first half of 2020 show that cd sales have plummeted and music downloads now bring in less revenue than all physical products.
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.
Sales of physical media including cds and vinyl according to the riaa s new report were down 23 percent but totaled 1 15 billion thus edging out digital download sales.
According to data from ebay a new vinyl record cost an average of 4 80 in 2007 and in 2017 it had gone up to 28 40 an increase of over 490.
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.
Purchases of digital songs albums and even physical cds decline once again as another year comes to a close but vinyl sales grow by double digits and now they make up just over one quarter of.
Cds and vinyl are more popular than digital downloads once again.
Digital download sales have fallen so much in the past few years that they re now smaller than sales of cds vinyl and other.