For the first time in 34 years, vinyls outsold CD annual revenues in 2020.
In what seemed like a devastating year for the music industry due to the pandemic – –
it seems that vinyls and their physical purchases were the only exception …
Of course, the shutting of retail would have obviously negatively impacted the sales of CD, but the historical year that vinyl has had, tells us how they are becoming a far more lucrative purchase – within a community that are just as willing to go the extra mile to buy some for their collection.
Of course, whether it is vinyl or CD, it is all a matter of personal choice with consumers and which format is more ideal to each listener. While vinyls are outplaying CDs as we speak, it is important to note that streaming are still – and will be for time to come – the forerunners in the industry – despite the pitiful revenues that artists incur with it.
With thanks to vinyl purchases, the overall physical music revenues did not really decline through 2020 during the pandemic, despite the restrictions in place for all things music. With the whole live music sector inactive, have vinyls allowed the industry to survive?
__________________
Past Blogs
The Best 2026 Albums so far
Here’s a few specially selected albums released this year in 2026, as voted by mvm editors.
best bands you’ve never heard of #7 | Modern Woman
New kids on the block: Modern Woman bring an ensemble of joyous, bold rock with debut Johnny’s Dreamworld. 2026 has seen a splurge of new, energetic collectives burst onto the scene as of late. Emboldened with a changing landscape of social media tid-bits and alternatives getting a strong look in with radio stations like 6Music,…
The Lemon Twigs: “Look For Your Mind!” – Album Review
D’addario brothers embalm the art of pastiche with guitar-driven sixth Look For Your Mind! For brothers Brian and Michael D’addario, music is all they know. Sons of working musician parents, inspired by the ethereal world of music theatre, the brothers were compelled to venture into the arts in some capacity. Before they knew it, they had…
___________________
mvm 
Leave a comment