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vinyls are experiencing a strong renaissance and are outselling their own CD in the United States, the situation has not been observed since 1987.
According to the Recording Industry Association of America (RIAA) annual earnings report.)41 million albums sold vinyl against 33 million CD during 2022.
feel of vinyl
Record sales vinyl According to the RIAA report, they have grown steadily over the past 16 years and currently account for 71% of all physical music format revenue.
While physical formats grew 4% overall, earning $1.7 billion between 2021 and 2022, sales vinyl they alone accounted for 1.2 billion, representing a 17% increase in sales over the previous year.
For comparison, sales CD in 2022 they fell by 18%.
Earlier this year, the Entertainment Retailers Association (ERA) reported the same milestone, although its figures only refer to UK sales figures.
Factors in its growth
Many experts argue that the format vinyl provides a warmer and more authentic sound than digital.
Nostalgia also plays an important role for those who lived through the golden age. vinylbut younger generations also drive sales by appreciating the tangibility and artistry of the format.
Taylor Swift became the best-selling female artist of the past year with almost 1.7 million albums sold. vinyl, more than Harry Styles (719,000 sales) and The Beatles. (553,000 sales) combined.
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Source: RPP
I am Ben Stock, a passionate and experienced digital journalist working in the news industry. At the Buna Times, I write articles covering technology developments and related topics. I strive to provide reliable information that my readers can trust. My research skills are top-notch, as well as my ability to craft engaging stories on timely topics with clarity and accuracy.