In 2022, around 41 million vinyl records were sold
Even with an industry dominated by online streaming services, vinyl records have managed to increase in popularity over the last 16 years. Second report by RIAA (US Recording Industry Association) at the end of the year, LP sales surpassed CD sales for the first time in 36 years.
As intuition revealed, approximately 41 million records were sold in 2022, against 33 million CDs. Second Mitch Glazier (via Extra), CEO of RIAA, vinyl has again “confirmed its role as a fixture of the modern music market.” It is worth remembering how streaming represents 84% ​​of the music industry’s revenue.
Music lovers clearly can’t get enough of the high quality sound and tangible connection to artists that vinyl offers and labels have met this demand with a steady stream of exclusives, special reissues and beautifully crafted packaging and discs.
In addition to sales of old vinyl editions, several artists and bands invest heavily in the sale of this type of product, with several exclusivities. For example, Twenty One Pilotsin 2023, released the 10th anniversary edition of the studio album Vessel (2013), which has extra songs and exclusive photographs for those who bought the commemorative version – and it was a sales success.
Source: Rollingstone
Earl Johnson is a music writer at Gossipify, known for his in-depth analysis and unique perspective on the industry. A graduate of USC with a degree in Music, he brings years of experience and passion to his writing. He covers the latest releases and trends, always on the lookout for the next big thing in music.
