Vinyl records have outsold CDs in the US for the first time since the 1980s, according to data from the Recording Industry Association of America (RIAA).
A report on the first half of 2020 across the recorded music industry reads: “Vinyl album revenues of $232m were 62% of total physical revenues, marking the first time vinyl exceeded CDs for such a period since the 1980s.” The report acknowledged that vinyl records accounted for only 4% of total recorded music revenue.
Streaming continues to increase its dominance of the market. It made up 85% of revenue in the first half of 2020, generating $4.8bn, compared with $4.3bn in the same period last year when its share was 80%. Digital downloads now account for only 6% of revenue.
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Best guide to hip hop, soul, reggae concerts & events in San Francisco Bay Area, Los Angeles & New York City + music, videos, radio and more
J Boog
Tuesday, June 16 @ UC Theater, Berkeley
DaBoyDame w/ Keyshia Cole, Plies +more
Friday, June 19 @ Fox Theater, Oakland
Buju Banton & Stephen Marley
Saturday, June 20 @ Fox Theater, Oakland
Kev Choice Ensemble
Friday, June 26 @ Yoshi's, Oakland
Khalid
Friday, June 26 @ Greek Theatre, Berkeley
Thee Sacred Souls
Saturday, Aug 15 @ Greek Theatre, Berkeley
Jungle
Wednesday, Oct 7 @ Greek Theatre, Berkeley
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