![]() The numbers speak for themselves-revenue from vinyl records rose 17% to over $1.2 billion last year-for the 16th consecutive year of growth for the format, and on the contrary, CD revenue nosedived to 18% last year to $483 million, as per WSJ. ![]() appreciating LP’s superior sound quality may have contributed to this. Music Downloader Player is a one stop application for you to download any type of music on your android device. ![]() They also suggest that playing records for nostalgia and indie-rock fans in the U.S. Music Downloader Player is a one stop application for you to download any type of music. RIAA says that the biggest factor behind the recent rise is increased music streaming. The report also said that recorded music revenue increased by six per cent to $15.9 billion in 2022, marking the seventh year of growth in a row. The Recording Industry Association of America (RIAA), a trade group that tracks music sales, said that 41 million vinyl albums were purchased in 2022, compared to 33 million CDs. ![]() While many consider vinyl records to be obsolete and CDs to be on their way out as well, a new report by the Wall Street Journal (WSJ) suggests that vinyl records outsold compact discs (CDs) in the US for the first time since 1987-suggesting that physical media, including vinyl records, may be coming back in trend. ![]()
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