Posted By 0 Comment(s) 59 View(s) Vinyl Records Market
Vinyl sales have been surging for years. But now, the oldest format on the market is generating more revenues than all ad-supported on-demand streaming music services, combined. According to data released this week by the Recording Industry of America (RIAA), vinyl sales reached $221.8 million on 9.2 million units at the half-point of this year in the US, a 52.1 percent year-over-year surge. That’s more than all music royalties generated by YouTube Music, VEVO, SoundCloud, free Spotify, and all ad-supported, on-demand streaming music platforms combined during the same period.
Crédits photo: Digital Music News