Vinyl records outsell CDs for first time since 1980s
Old school vinyl records have outsold CDs for the first time since the 1980s.
The new comes from the Recording Industry Association of America, and shows how people’s tastes in music may have changed during the coronavirus lockdown.
The research indicated that people have more time on their hands, thanks to COVID-19 lockdowns. Not only has that positively affected streaming services like Spotify, Apple Music and Amazon (all up over 10 per cent since the start of the year), but also led to an increase in physical music sales.
According to the study, Vinyl revenue is up 4 per cent this year, while CD’s are down almost 50 per cent.
Data also suggests that the world is feeling particularly nostalgic of vinyl. This past week – the first week in September – marked the biggest week for 2020 album sales. In fact, vinyl record sales also saw a significant rise.
What’s coming back next? Boot-cut jeans and Polaroid cameras?
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