Vinyl records outsell CDs for the first time since 1987
The last time vinyl was on top, Jem dolls and Spuds MacKenzie were all the rage.
Do you have a record player that you still use? Do you find putting the needle on a record so much more satisfying than pressing "play" on a CD player? If so, you're in good company, since for the first time in decades, vinyl has come out on top.
The Recording Industry Association of America released their 2022 year-end report and announced that for the sixteenth year in a row vinyl revenue has continued to climb — and they just hit an important milestone.
After a year of 17% growth in vinyl sales, the old-school music format has overtaken CD sales for the first time since New Coke was on the shelves. In 2022, vinyl accounted for a massive 71% in physical format sales.
According to the report, a whopping 41 million units of vinyl were sold last year.
Mitch Glazer, Chairman and CEO of the RIAA, said "Music lovers clearly can’t get enough of the high-quality sound and tangible connection to artists vinyl delivers and labels have squarely met that demand with a steady stream of exclusives, special reissues, and beautifully crafted packages and discs."
If you want to catch the vinyl wave, you can find record players and classic vinyl albums in the MeTV Mall.
87 Comments
Other than vintage LP collectors, I don't know *anyone* who's coughing up 30 bucks for those platters...
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