How misleading can the labels and the RIAA be?
You’ve seen the headlines about vinyl sales surpassing CD sales.
And how vinyl sales brought in $232.1 million and CDs brought in $129.9 million.
But the report also mentions that Physical Album Sales including vinyl is at 27.9 million units and that vinyl on its own has moved just 8.2 million units.
So the other 19.7 units are CD sales. I guess vinyl hasn’t surpassed CD’s in sales, but it has surpassed it in revenue, which the headlines fail to mention.
$232.1 million divided by 8.2 million units is $28 per vinyl record. Which sounds about right on average.
$129.9 million divided by 19.7 million units is $6.60 per CD, which also sounds right.
What’s your preference?
I don’t really have one anymore, except the price being right. I will not pay more than $20 for a vinyl record unless it’s included in a deluxe box set. Then again, I’m happy paying less than $20 for a Family Streaming account.