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Is vinyl selling more than CDs?
For the first time since MRC Data (formerly Nielsen SoundScan) started tracking music sales in 1991, annual sales of vinyl records surpassed those of compact discs (CDs) in the US. CDs had a good year. Between 2020 and 2021, annual sales increased 1% from 40.2 million to 40.6 million.
Is vinyl still popular 2021?
VINYL VOLUME TURNED UP: 41.72 million vinyl albums were sold in the U.S. in 2021 (up 51.4% from 27.55 million in 2020). 2021 marked the 16th consecutive year vinyl album sales grew, and the largest year for vinyl album sales since MRC Data began tracking sales in 1991.
Did LPs outsell CD 2020?
Vinyl records managed to beat CDs as the most sold physical format of recorded music for the first time since the 1980s. According to the RIAA (Record Industry Association of America), vinyl sales accounted for 62% of the total physical music revenue in the first half of 2020.
Are CD sales increasing?
CD sales in the US for 2021 increased for the first time in almost two decades, according to data published by the Recording Industry Association of America (RIAA). Shipments rose from 31.6 million in 2020 to 46.6 million in 2021, and revenue from the format rose from $483.2 million to $584.2 million.
Why are CD sales declining?
Obviously, the largest contributor to this decline in CD sales is the explosion of music streaming services, such as Spotify, Apple Music, Deezer, and others.
What is the best selling vinyl of all time?
1/ Thriller – Michael Jackson – 27 million vinyl records sold. Who else but the King of Pop for the top step of the podium? Only one year after its release in 1982, Thriller was already the best-selling album of all time, with no less than 32 million units sold in all formats, and 66 million to date.
Who sold the most vinyl records 2021?
Adele claims the bestselling vinyl album of 2021 in America, as her latest release 30 wins the year. The critically acclaimed title sold 318,000 LPs in less than two months, beating the runner-up by 50,000 copies.
Is LP better than digital?
Because of their materiality, records offer sound qualities that digital formats do not. These include warmth, richness, and depth. Many people value those qualities and so hold vinyl records to sound better than digital formats.
Are LPs outselling CDs?
US music fans spent more on vinyl than CD last year for the first time since 1986. 2020 may have been a gloomy year thanks to the pandemic – but it was also an extraordinary year for vinyl. In the United States, the format outsold CD albums on a monetary basis in 2020, according to new data from industry body the RIAA.
Do people still buy CDs?
Granted, CDs are no longer going to sell millions of copies and they are not the mainstream form of releasing music anymore. However, just like vinyl or cassette, they continue to exist because people still buy them.