Vinyl Records Outsell CDs for the First Time Since 1987

Closing Bell

Final making a comeback for the first time since 1987 vinyl records outselling cds last year. According to the Recording Industry Association of America, about 41 million vinyl albums were sold in 2022 compared with about 33 million cds vinyl. Now accounting for about 70% of all physical music revenue for the US bringing in a total of $1.2 billion in sales. While the resurgence of vinyl largely thanks to millennials and Gen Z who make up a big portion of record sales, at least they did in 2022. According to illuminate Taylor Swift was the highest selling artist in the vinyl world, followed by Harry Styles and Olivia Rodrigo.