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You are here: Home / Archives for music industry

music industry

Let’s Get Physical! Vinyl Sales Up >51%, CD Sales Up for First Time in 17-yrs

January 26, 2022 by Ted Leave a Comment

Musicians Counterattack, Gain Against the Geeks

In the latest report from the music world, we learned two surprising facts: First, for the first time in 17-years, retail sales of physical compact discs actually increased. And second, for the first time since 1991, vinyl records are the most popular physical media format. It’s big news and much of the media – even mainstream news outlets like CNN – reported on this development. It appears to be part of a surprising swing by consumers back to physical media, as sales of vinyl records in 2021 saw a stunning year-over-year increase of 51.4% – the biggest increase of ANY format, physical or streaming.

What the heck is going on here?

See more on physical media clawing its way back into the hearts of consumers

[Read more…] about Let’s Get Physical! Vinyl Sales Up >51%, CD Sales Up for First Time in 17-yrs

Filed Under: Consumer Trends, Media, News, Retailers, Statistics Tagged With: CD, compact disc, music industry, Record Store Day, vinyl

Streaming Revenues Overtake Music Downloads for the First Time Ever

March 23, 2016 by Ted Leave a Comment

Overall Recording Industry Sales Grow for First Time Since 2011

RIAA logoThe Recording Industry Association of America (RIAA) reported overall industry sales data forĀ  2015 this week, revealing that for the first time in history streaming music was the single largest component of industry sales. Revenues from streaming sources accounted for 34.3% of total revenues, beating out music downloads from services like iTunes and others which accounted for 34% of total revenues.

Overall sales increased 0.9% to $7 billion, the first overall industry growth since 2011.

See more on the growth of streaming in music industry sales… [Read more…] about Streaming Revenues Overtake Music Downloads for the First Time Ever

Filed Under: Associations, Financial, Industry Trends, News, Pivot Point, Statistics, Tech Trends Tagged With: downloads, music industry, physical media, RIAA, streaming

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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