And they said the same about the LP: Cut and paste yes but these are the industry facts.
CD sales in the US for 2021 increased for the first time in almost two decades, according to data published by the Recording Industry Association of America (RIAA). Shipments rose from 31.6 million in 2020 to 46.6 million in 2021, and revenue from the format rose from $483.2 million to $584.2 million. The RIAA’s numbers corroborate a similar report from MRC Data published earlier this year.
Although CD sales are still far from their 2000 peak — when almost a billion CD albums were shipped in the US — Axios notes that the increase is another key element of the resurgence in physical music. Vinyl sales have been steadily increasing for over a decade-and-a-half now, and hit 39.7 million units in the US in 2021, bringing in $1 billion in revenue.
Global sales of vinyl, CDs and other physical formats increased 4% in 2022, accounting for $4.6 billion of the $26.2 billion worldwide music market, according to the International Federation of the Phonographic Industry’s Global Music Report 2023.Mar 18, 2023
CD sales in the US for 2021 increased for the first time in almost two decades, according to data published by the Recording Industry Association of America (RIAA). Shipments rose from 31.6 million in 2020 to 46.6 million in 2021, and revenue from the format rose from $483.2 million to $584.2 million. Mar 14, 2022