“#Vinyl Outsells CDs For the First Time in Decades”
Elsewhere, the report’s findings indicate that the music business still experienced slight growth in Q1/Q2, though the rate of growth was stymied by the ongoing pandemic. The report also notes that digital download revenue ($351 million) and physical sales revenue ($376 million) fell below the revenue brought in by ad-supported on-demand streaming ($421 million) for the first time. Find the RIAA’s mid-year revenue statistics report here.
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