For the first time in 33 years, vinyl is set to outsell CDs, according to a mid-year report from the Recording Industry Association of America.

The same report last year showed that CD sales were slowing three times as fast as vinyls were growing.

And it seems this upward trend has only continued.

In the first half of 2019, vinyl earned $224.1 million which is snapping at the heels of CDs, which generated $247.9 million.

If and when vinyl overtakes CDs, it’ll be the first time since 1986.

The Beatles sold over 300,000 records in 2018, while Pink Floyd, David Bowie, Fleetwood Mac, Led Zeppelin, Jimi Hendrix, and Queen all sold over 100,000.

The report also said that vinyls still only accounted for a pretty small percentage of overall music purchasing.

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In the first half of this year, vinyl record sales accounted for only 4% of overall revenues.

 

Gold 104.3 Melbourne