In fact, vinyl outsold CDs for the first time since the 1980s, according to a recently released mid-year report from theThe report underscoring the state of the U.S. music industry captured how people's music listening has changed during the coronavirus crisis.
With people having more time on their hands due to COVID-19 lockdowns, music streaming, which includes revenue from paid services such as Spotify, Apple Music and Amazon, grew 12% to $4.8 billion in the first half of 2020. The average number of paid music subscriptions was 72 million, up 24% compared to the first-half average for 2019, according to the report.But the most striking trend was that American music listeners spent more money on vinyl records than CDs during the period marked by retail store closures and tour cancellations.Data from Billboard also suggests that Americans are feeling the nostalgia of vinyl.
Source: Entertainment Trends (entertainmenttrends.net)
I started collecting vinyl a few years back again. It’s a sound unlike any other. I hope liable companies have a plan to release the oldies!
Really wow! BenavidesB
compact cassette is much better!
Fascinating.
Vinyl is more classiic than CD flatty sound
Rock roll music, everybody danced with it.
Oh wow! I have old vinyl records from a jukebox - yeah old lols - are they worth much
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