Vinyl Sales Eclipse CD Sales
(Hypebot) — The once mighty CD may have reigned supreme in the early 00s, but has since been on a steady downward trajectory. Meanwhile, quality conscious consumers have brought the once antiquated vinyl back from the brink of extinction, causing vinyl sales to surpass traditional CDs for the first time in 30 years.
Guest post by Bobby Owsinski of Music 3.0
The CD used to be the king of all music product back in the early 2000’s, but the mighty have fallen greatly as vinyl has surpassed it in revenue for the first time in 30 years. This according to the RIAA’s 2020 Mid-Year Report, which showed that vinyl sales not only surpassed CD sales, but by a lot as well.
In the first half of 2020, vinyl sales accounted for $232.1 million, up 3.6% year over year, which was…