For the first time in over 30 years, vinyls are outselling CDs in America

According to the RIAA's mid-year report, vinyl has overtaken CDs to become the most dominant physical format for the first time since the 1980s.

Last year, the Recording Industry Association of America’s (RIAA) mid-year report suggested that CD sales were declining three times as fast as vinyl sales were growing.

In February, the RIAA reported that vinyl sales accounted for more than a third of the revenue coming from physical releases.

Despite vinyl only accounting for four percent of total music recorded music revenues, the RIAA's mid-year report reveals that vinyl sales contributed to 62 percent ($232 million) of the $376 million physical sales in the first half of 2020.

Despite vinyl’s growth, streaming still dominates the music industry — records accounted for just 4 percent of total revenues in the first half of 2019.

[source]

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