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Vinyl outsells CD's for first time in 35 years

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bmw
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Vinyl outsells CD's for first time in 35 years

Post by bmw » Sat Mar 11, 2023 9:35 am

2022 numbers:
Vinyl: 41.3 million units (up from 40.0 million units in 2021)
CD: 33.4 million units (down from 46.7 million units in 2021)

That is a 28% drop in CD sales and a 3% increase in vinyl. Even cassette tapes saw an increase from 343,000 to 440,000 units

As far as revenue:
$13 billion for streaming
$1.2 billion for vinyl
$495 million for downloads
$483 million for CD's

So at the end of the day, the vast majority of revenue comes from streaming.



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TC Talks
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Re: Vinyl outsells CD's for first time in 35 years

Post by TC Talks » Sat Mar 11, 2023 10:56 am

I have three turntables I can't recall if I still have a CD player. I ripped all my stuff in 2005
“The more you can increase fear of drugs, crime, welfare mothers, immigrants and aliens, the more you control all of the people.”
― Noam Chomsky

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Honeyman
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Re: Vinyl outsells CD's for first time in 35 years

Post by Honeyman » Sun Mar 12, 2023 12:54 pm

TC Talks wrote:
Sat Mar 11, 2023 10:56 am
I have three turntables I can't recall if I still have a CD player. I ripped all my stuff in 2005
OK, I'll play...

Why do you need 3 turntables?
The censorship king from out of state.

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TC Talks
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Re: Vinyl outsells CD's for first time in 35 years

Post by TC Talks » Sun Mar 12, 2023 1:09 pm

I don't need three.. I have a Techniques 1200SL I bought and refurbished from one of the stations I was at. I have a simple Crosby portable that was abandoned by my daughter when she left for college. Finally, I picked up a console stereo from a neighbor as he was heading for the assisted living center with a Magnavox turntable. I've retrofitted a Bluetooth input and updated the speakers, but will run vinyl every once in a while on the old girl.

Then, there is this stupidity coming in at $275,000
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“The more you can increase fear of drugs, crime, welfare mothers, immigrants and aliens, the more you control all of the people.”
― Noam Chomsky

Posting Content © 2024 TC Talks Holdings LP.

km1125
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Re: Vinyl outsells CD's for first time in 35 years

Post by km1125 » Sun Mar 12, 2023 3:59 pm

bmw wrote:
Sat Mar 11, 2023 9:35 am
.... Even cassette tapes saw an increase from 343,000 to 440,000 units
Now that one's a shocker.

I haven't looked to buy any cassettes in many, many years, but I'm surprised they still sell that many.

I just ran across some old new-in-wrapping Maxell UDXL-II ones in the basement. I'll have to check on ebay how much they're going for!!

Mega Hertz
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Re: Vinyl outsells CD's for first time in 35 years

Post by Mega Hertz » Sun Mar 12, 2023 5:21 pm

I've always had a hobby of collecting vinyl and CDs and tapes. It's the only thing I'm good at. It does drive me nuts that, in the 90s and early 00s, I could walk out of a record store with a stack of albums (some good titles to boot) for a cup of coffee. Now? I saw a copy of Revolver that must have been a cat toy being sold for $5. Same thing with tapes. I couldn't give them away 10 years ago.
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TC Talks
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Re: Vinyl outsells CD's for first time in 35 years

Post by TC Talks » Sun Mar 12, 2023 5:23 pm

I switched collecting vinyl to bourbon and it has paid off...
“The more you can increase fear of drugs, crime, welfare mothers, immigrants and aliens, the more you control all of the people.”
― Noam Chomsky

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