Vinyl is projected to outsell CD's for the first time in more than 30 years

In a recent report released by the Recording Industry Association of America’s (RIAA) suggested that CD's were declining at a very rapid rate, while vinyl sale were increasing by the same rate. In the first half of 2019 Vinyl records earned $224.1 million (on 8.6 million units), closing in on the $247.9 million (on 18.6 million units) generated by CD sales. If this rate continues Vinyl sale will pass CD sales by mid year 2020 a feat that has not been accomplished since 1986.

The resurgence of vinyl has surely worked well for artist like The Beatles who sold over 300,000 records in 2018. Other artist like Pink Floyd, David Bowie, Fleetwood Mac, Led Zeppelin, Jimi Hendrix, and Queen all sold over 100,000. Current artist like Thundercat who's 2017 album 'Drunk' and 2018 chopped and screwed remix 'Drank' was released on special edition purple vinyl has saw moderate success selling over 50,000 units combined.


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