Vinyl Vs Cd Sales 2019

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 vs cd sales 2019.

In total cds accounted for. Vinyl revenue grew by 12 8 in the second half of 2018 and 12 9 in the first half of 2019. In 2019 americans purchased 73 5 million albums in some physical format be it cd vinyl or even cassette tape which is also enjoying a surge in popularity though a much less pronounced one. Sales value of cd albums in australia 2008 2019 wholesale sales volume of cd albums in australia 2008 2018 wholesale sales of dj compact disc players in the u s.

Meanwhile revenues from cd sales have barely moved from their 2018 numbers. And the bigger question is it a big deal. Well looking at the final line graph it appears that vinyl revenue is increasing and cd disc revenue is decreasing. Through the first half of the year cds accounted for 247 9 million in music sales to vinyl s 224 1 million but vinyl sales are up 13 percent from a year ago while cd sales are flat.

Vinyl revenue grew by 12 8 in. Cd sales have fallen 34. Vinyl records on track to outsell cds and prices have risen 490. The recording industry association of america riaa says vinyl sales in 2019 are on pace to outsell compact discs for the first time since 1986.

The first half of 2019 saw a 12 9 growth of vinyl sales while cd sales stayed stagnant. Vinyl records may be dominating cds but neither technology can keep up with streaming services. However with the upward trend of record sales we estimate that the total sales of cds will be around 500 million and vinyl sales will slightly eclipse it at around 510 million by year s end. And it looks like vinyl will indeed overtake cd sales sometime in the near future maybe 2019 if the current trends continue.

Streaming accounted for 80 percent of the entire u s music market in 2019.