Vinyl Sales
Vinyl Just Had Its Best Sales Week in History
We already knew vinyl was making a tremendous comeback, but the format has downright shattered records this month. The most important of them all: vinyl just had its best sales week ever. As Billboard reports, there were 1.842 million (!) LP’s sold in the US during the week leading up to Christmas, ending on December 24th. That’s the biggest week the format has had since Nielsen/MRC Data began tracking sales information in 1991. The previous record was achieved just a week prior, when 1.445 million vinyl records were sold between December 10th and December 17th. These gargantuan figures arrive at the end of a year that’s been historically great for vinyl. For the first time in 34 years, LP sales outpaced CDs during four separate weeks in 2020 (all of them since September), w...
Vinyl Sales Surpass CD Sales for the First Time in 34 Years
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...
