Vinyl sales surpass CD revenue, first time since 1980s

New York (AFP) – Vinyl records are outselling compact discs in the United States for the first time in more than 30 years, according to an industry report released Thursday.Music fans dropped $232.1 million on records in the first half of 2020, according to the Recording Industry Association of America, far surpassing the $129.9 million spent on CDs.Vinyl sales contributed 62 percent of total physical music media revenues — which dropped 23 percent year-on-year, a decline the RIAA attributed to the coronavirus pandemic’s shutdown of music venues and stores. Nevertheless vinyl’s numbers marked…

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