A report for the first half of 2020 shows that in the United States, vinyl sales account for 62% of music revenues from media. For the first time since the 1980s, LPs are being bought more often than CDs.
According to the Recording Industry Association of America (RIAA), vinyl records have outpaced CDs again. The report p for the first half of 2020 states: “Vinyl album revenues of $ 232 million accounted for 62% of total physical production revenue – for the first time in nearly 40 years.” Today vinyl records account for only 4% of total recorded music revenue.
Streaming continues to strengthen its market dominance, accounting for 85% of revenue in the first half of 2020. That’s about $ 4.8 billion, up from $ 4.3 billion in the same period last year. Digital downloads now only generate 6% of revenue.