Is vinyl making a comeback?
The industry battle wages on
Over the past decade, vinyl records have made a comeback to pop culture. Before that, however, Vinyl has not been “flying off of the shelves,” if you know what I mean. After the introduction of cassette tapes, vinyl purchases have been slowed tremendously. Then came CDs, and now streaming services.
But for the first time since 1986, vinyl records have outsold CDs by over 100 million dollars.
Since 2005, sales for vinyl have grown tremendously. In the first half of 2020, vinyl revenue was up by 4% and CD sales went down by a decrease of 48% according to the RIAA.
But, even though sales are up for physical copies of music, music streaming has continued to boom. Paid streaming services with subscriptions such as Apple Music and Spotify have increased by 24% since the pandemic.
Streaming is by far the most popular way to listen to music today; however, is vinyl making a comeback? Will it ever catch the streaming services? We will just have to wait and see . . .
Hello, my name is Gabe Josefowicz, and I am a Junior at Greater Nanticoke Area High School. This is my first year writing for The GNA Insider. I have attended...