Vinyl Records Could Outsell CDs For The First Time Since 1986
I'm a vinyl record fan. It's not unusual to find me in the blues section at the Little Shop of Music or at Rick's Records. To me (and scientifically), vinyl is the best way to listen to music. Plus, they're fun to collect. But, apparently, I'm not the only one. According to a new report, vinyl could outsell CDs in the very nearly future.
According to the Recording Industry Association of America, vinyl sales have steadily been growing while CD sales sliding. Because of this, according to RIAA's mid-year report, 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. Plus, vinyl sales is growing by 13% percent this year while CD sales are stagnant.
According to industry projections, if these trends hold, record sales could pass CD sales by the end of the year or early next year. If vinyl wins the battle, it'll be the first time records have outsold CDs since 1986.
However, as cool as this is, vinyl would not be king of the mountain. Digital is still leading the music industry.