Vinyl record sales continue to rise amid music streaming’s dominance

The RIAA says vinyl revenue hit $1.4 billion in the US last year, the highest figure in four decades. Despite streaming services continuing to dominate the business of recorded music, there’s still very much a place for physical media in that sector. The Recording Industry of America said in an annual report [ PDF ] that sales of vinyl records rose for the 18th straight year in the US to $1.4 billion — the highest revenue for that format since 1984, when CDs started to emerge. Vinyl accounted for nearly three-quarters of physical format revenue in 2024. It was the third consecutive year that there were more shipments of vinyl records than CDs — 44 million vs. 33 million. It perhaps helps vinyl’s case that the RIAA has factored in sales figures directly from indie labels for the first time this year. And that Taylor Swift released thirty-six variants of her most recent album, The Tortured Poets Department, including eight vinyl editions. Many fans prefer to own physical copies of mus ... Read full article.