{"id":2448415,"date":"2019-09-06T10:38:26","date_gmt":"2019-09-06T16:38:26","guid":{"rendered":"https:\/\/www.rollingstone.com\/?p=880959"},"modified":"2019-09-06T10:38:26","modified_gmt":"2019-09-06T16:38:26","slug":"vinyl-is-poised-to-outsell-cds-for-the-first-time-since-1986","status":"publish","type":"post","link":"https:\/\/alwaysmountaintime.com\/kspn\/music-news\/vinyl-is-poised-to-outsell-cds-for-the-first-time-since-1986\/","title":{"rendered":"Vinyl Is Poised to Outsell CDs For the First Time Since 1986"},"content":{"rendered":"
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Sales of vinyl<\/a> records have enjoyed constant growth in recent years. At the same time, CD sales are in a nosedive. Last year, the Recording Industry Association of America\u2019s (RIAA) mid-year report suggested that CD sales were declining three times as fast<\/a> as vinyl sales<\/a> were growing. In February, the RIAA reported that vinyl sales accounted for more than a third of the revenue<\/a> coming from physical releases.<\/p>\n

This trend continues in RIAA\u2019s 2019 mid-year report<\/a>, which came out on Thursday. Vinyl records earned $224.1 million (on 8.6 million units) in the first half of 2019, closing in on the $247.9 million (on 18.6 million units) generated by CD sales. Vinyl revenue grew by 12.8% in the second half of 2018 and 12.9% in the first six months of 2019, while the revenue from CDs barely budged. If these trends hold, records will soon be generating more money than compact discs.<\/p>\n

Despite vinyl\u2019s growth, streaming still dominates the music industry \u2014 records accounted for just 4 percent of total revenues in the first half of 2019. In contrast, paid subscriptions to streaming services generated 62 percent of industry revenues.<\/p>\n

\u201cWe welcome [the growth in vinyl],\u201d Tom Corson, now the co-chairman and CEO of Warner Records, told Rolling Stone<\/em><\/a> in 2015. \u201cIt\u2019s a sexy, cool product. It represents an investment in music that\u2019s an emotional one. [But] it is a small percentage of our business. It\u2019s not going to make or break our year. We devote the right amount of resources to it, but it\u2019s not something where we have a department for it.\u201d<\/p>\n

Still, the vinyl resurgence has been a boon for some artists, especially classic rock groups. The Beatles sold over 300,000 records in 2018, while Pink Floyd, David Bowie, Fleetwood Mac, Led Zeppelin, Jimi Hendrix, and Queen all sold over 100,000.<\/p>\n

via:: Rolling Stone<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Sales of vinyl records have enjoyed constant growth in recent years. At the same time, CD sales are in a nosedive. Last year, the Recording Industry Association of America\u2019s (RIAA) mid-year report suggested that CD sales were declining three times as fast as vinyl sales were growing. In February, the RIAA reported that vinyl sales […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[50],"tags":[],"class_list":{"0":"post-2448415","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-music-news"},"acf":[],"publishpress_future_action":{"enabled":false,"date":"2026-06-27 10:23:41","action":"change-status","newStatus":"draft","terms":[],"taxonomy":"category","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"distributor_meta":false,"distributor_terms":false,"distributor_media":false,"distributor_original_site_name":"KSPN The Valley's Quality Rock","distributor_original_site_url":"https:\/\/alwaysmountaintime.com\/kspn","push-errors":false,"_links":{"self":[{"href":"https:\/\/alwaysmountaintime.com\/kspn\/wp-json\/wp\/v2\/posts\/2448415","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alwaysmountaintime.com\/kspn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alwaysmountaintime.com\/kspn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alwaysmountaintime.com\/kspn\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/alwaysmountaintime.com\/kspn\/wp-json\/wp\/v2\/comments?post=2448415"}],"version-history":[{"count":0,"href":"https:\/\/alwaysmountaintime.com\/kspn\/wp-json\/wp\/v2\/posts\/2448415\/revisions"}],"wp:attachment":[{"href":"https:\/\/alwaysmountaintime.com\/kspn\/wp-json\/wp\/v2\/media?parent=2448415"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alwaysmountaintime.com\/kspn\/wp-json\/wp\/v2\/categories?post=2448415"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alwaysmountaintime.com\/kspn\/wp-json\/wp\/v2\/tags?post=2448415"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}