CD Sales

It’s been a long time coming, but now it’s officially official: vinyl sales have surpassed CD sales in the US. According to a new report from The Recording Industry Association of America, vinyl records accounted for $232.1 million of music sales in the first six months of 2020, whereas CDs have only brought in $129.9 million. This is the first time since 1986 — 34 years! — that vinyl has outsold CDs. Physical sales overall dropped by 23% in the first half of this year, likely because fewer people are leaving their homes, nevermind to visit music stores. However, CD sales declined by 48% whereas vinyl sales started to climb, particularly during the week of Record Store Day “Drops” when 802,000 records were sold. Unsurprisingly, digital sales continued to decrease by 22%, accounting for $35...