this year vinyl sales have outpaced CD sales in the US for the first time since the 1980s.
Vinyl sales growth rate has outpaced CD since the 90's. Now total sales are greater too. Bound to happen. 
What has contributed to the industry’s resiliency in 2020
Uh, seriously? Its called sound quality!
and how does the future look as we head into 2021?

Bright. Brighter than for a whole lot of other things, that's for sure.
Sorry. Sorry. Pretend I said "spoiler alert" up front.


MC
Talk about redundant.
This is for those wishing to learn.
Know it all need not apply
Of course it has nothing to do with those who listen to digital not being stuck in the past and the vast majority moving into streaming.

In other news, shockingly, DVD sales are down too.


In other shocking news, horse drawn buggy sales vastly exceeded steam powered car sales in 2019.


Vinyl sales growth rate has outpaced CD since the 90's. Now total sales are greater too. Bound to happen

When you start at virtually 0 in 2003 .... do the math.


audio2design
Of course it has nothing to do with those who listen to digital ...
Of course! Fremer is all about analog and LP. It's just silly to expect anything else. It's just as no one would be likely to seek cable advice from you.
Wrong, I would always suggest the lowest inductance for your speaker cables assuming you don't have amp oscillation problems, and don't be skimpy on wire gauge, it is not that expensive. I would not suggest overly exotic materials.


I would suggest good shielding on interconnects.

I would suggest a good connection between chassis grounds is far more important than expensive power cables. I won't even mention the 100's of yards of wire or more from the transformer to the equipment, but I may mention the 10's of feet or more that is in the transformer.


I would suggest good shielding on interconnects.

I would say pay close attention to capacitance on turntable cables.

I would suggest balanced interconnects, but cautiously, as there is no guarantee the hardware has been done right.  Well done balanced interconnection can fix other perceived cable ills.

I won't fault someone for using cables as "tone controls" just know it is very limited what can be done, either reducing bass a bit or treble a bit, a small bit.

It can't be said that every single qualified electrical engineer and physicist with a related specialization has "bad ears". So why does every engineer and/or physicist who actually understand cables / conduction not advocate for expensive cables. They can't all have bad ears?  You can't claim that none of them have heard expensive cables or that none of them have expensive systems.  Knowledge is an excellent innoculation against the power of suggestion.
Streaming Royalties is a Disaster for any body involved in producing the material to be distributed.
Song Writers,  Musicians, Singers, Bands, Orchestra's, etc, receive a pittance from Streaming Royalties.

There are Campaigns now being brought by Artists to High Light the situation in many Countries.

An example recently read in one of the reports belonging to the Campaigns, is by a Song Writer who received a £160/ $120 for a Song that received Multiple Millions of Streaming Downloads and You Tube Plays.
I am sure this Song Writer would much prefer the Royalty received on
10 000 Hard Media Sales.  

The Individuals producing the Music are now returning to using
Hard Media as their Merchandise, and Vinyl is becoming their go to Product.

There are reports of extremely successful Artists refusing to allow their New Released Material be used for Streaming until a 100 000 Hard Media Sales has been recorded.

When I become aware of this present marketing imbalance caused by how Streaming Revenues are Distributed between Copyright Holder and Streaming Services, I chose to purchase more Vinyl from Modern Artists to help with their becoming established and New Vinyl Material from more established Artists.

If Hard Media Sales are not supported, it will only be Live Performances that help with revenue remuneration for the Artists, and in a year like the one nearly passed, this is a no go to achieve the 200ish Performances required by a Upcoming Artist to produce a Living.  

There is a lot of info available on this Subject, and from my end I took the information on board and took a action as a support.  
Fuzztone- MC, or what quite a few of us call IKE (I know everything) is wrong again along with Fremer. If you are comparing all music purchases, vinyl sales are a pimple on somebody’s butt compared to digital sales. Vinyl sales will do less than $500 million this year, Apple Music alone will do $7 billion. Then add up Amazon, tidal, Spotify, qobuz, pandora, hd tracks, and anybody else that sells digital music, digital sales in 1 year will outsell 20 yeas of vinyl sales. Also, its a fallacy that vinyl is superior to digital. There is high quality music in both formats as well as garbage in both formats.
@pindac,

The problem I find with the current revenue model is that the most popular artists are making more money than ever, but it is very difficult for less popular artists to make a living short of being on the road full time ... though it is a job, so I am not sure how much sympathy I should have. Most of us work a full year.

I don't think the issue is streaming though,  I think the issue is still intellectual property theft, and that includes USED CDs and USED VINYL.

Music is not a necessity, it is a luxury item. If an artist does not want to have their music streamed, legally or more importantly illegally, that should be 100% their choice, and if they want to charge $500 for a CD, that is their choice, just like charging $25,000 for a cable. No one is forced to buy it, and at least for the CD, you know exactly what you are getting.

So, I don't think it is streaming that is killing the small artist, it is people's general willingness and lack of moral consciousness and compass that allows them to steal someone else's work, without a second thought.

audio2design

  I think the issue is still intellectual property theft, and that includes USED CDs and USED VINYL.
Buying used CDs or LPs is not intellectual property theft. That it offends your righteous moral sensibilities does not make it theft.
cleeds,

I find less "moral" issue with records as it would be rare for someone to take a copy of a record and resell it, though lets be honest, that is often the case with CDs, and yes, it is actually illegal to take a copy of the CD and then sell the CD if you don't destroy the copy you made. That is morally and legally theft on the part of the person making the sale or even donating the disk, as that is now illegal copying and distribution.

If you think people being compensated for their work product is "righteous", then ....
  audio2design
... it is actually illegal to take a copy of the CD and then sell the CD if you don't destroy the copy you made
Of course. What I noted was that buying a used CD or LP is not intellectual property theft, which is what you seem to have implied.
You have the right to archive anything you have paid for the rights to use.

You CANNOT sell a copy of anything without expressed permission from the legal owner. You may archive anything you own "rights" too.

You can sell the original, you cannot sell the copy, or one with a hacked "KEY". My next door neighbor lost his MSCE for LIFE, behind selling copies of MS NOS, with hacked keys...

"Some" software, may be withdrawn from service without YOUR permission. NOS and OS system.

IF you can write your own OS, or are using something like Linux, with open source code, that can’t happen. Getting on the Internet might be a little tricky though.. :-)

If you didn’t pay for the music or DON’T have permission to play the music, it’s THEFT.. Plane and simple.

There is not one piece of music in this house, that hasn’t been paid for at least once, many 2 and a few 3 or 4 times. 

First Vinyl, Then RtR, then Cassette, back to Vinyl, then Cassette really took off, then CD, now back to RtR, and never stopped using Vinyl.

I like my server, and the LTops too, ALL good to me.. Some is different than others. Nothing has changed with RtR, though.. Not a lot to choose from, you have to make your own...

The Music Channel, and MTV, late 70s, I’ve always used it. Close to 50 years now.. More consistent than any other medium, I’ve used other than AM, FM radio.

Regards