Post by michaelw on Sept 7, 2019 22:55:56 GMT 12
|
Pundit
Post by belbo on Sept 11, 2019 8:59:15 GMT 12
Lol, who would have guessed?
|
Post by Owen Y on Sept 12, 2020 16:03:28 GMT 12
RIAA Midyear Report (2020): Vinyl Revenues Exceed Those of CDs— First Time Since 1982: Michael Fremer (Analog Planet) reports (10 Sept '20) that: " 1H (first half) 2020 revenues from vinyl sales resulted in a net overall increase of 4% or a total of $232 million dollars, or 62% of total physical revenues, marking the first time vinyl exceeded CDs for such a period since the 1980s, though it still only accounted for 4% of total music recorded music revenues. " Michael refers to the RIAA MID-YEAR 2020 RIAA REVENUE STATISTICS. Including the following summary data: (Distorted a little by (& in spite of?) the Covid-19 pandemic, compared to 2019.)
|
Post by cooksferry on Sept 12, 2020 16:18:29 GMT 12
Look at units shipped and cds still ahead. Grossly over priced vinyl kicks the dollar value up.
|
Post by Citroen on Sept 12, 2020 19:02:09 GMT 12
Wow. 85% streaming revenue cf 7% physical
Assuming $30 a month for streaming at its more expensive cost, is $360 a year. 85% equates to $425 per year, so 7% is only about $30 per year spent on physical formats. Of which about half is on vinyl, or about only $15 spent per year.
Which on average (per person) is about a third or half a new album/year!
Or is my maths wrong?
|