More People Buying Vinyl Than CDs Now
You've heard the expression "Everything Old is New Again," right? That is definitely the case when it comes to vinyl records because they're the rage once again across the country.
Dakota News Now is reporting, the sales of vinyl albums outpaced compact discs for the first time since the 1980's during the first half of 2020.
If you own a number of CD's, like myself, sorry to have to tell you this, but compact discs are officially out of style. A dead format. They do make excellent table top coasters, however.
If you've been paying attention, you knew his day was coming. I mean, have you visited any place that sells music lately? If so, you've undoubtedly seen the scarcity of CDs and the resurgence of vinyl.
I walked into an area music shop last week and was absolutely amazed at the amount of vinyl they had in stock. In my mind, I thought it was 1980 all over again, and I had just walked through the doors of Musicland in The Empire Mall in search of "Chart Explosion" from K-Tel. I needed to jam to that new Pat Benatar song "Hit Me With Your Best Shot" in the worst way.
The only thing different these days is a vinyl LP you paid maybe $6.00 for in the late 70's, and early 80's is now selling for around $25.00. Hello! Where's the Columbia House Record Club when you need it! Remember the days when you could get 12 albums for a penny if you signed up? It sounded great until you found out you were locked into buying another 12 albums over a year's time at full price. I still did it. I was an idiot.
The sales from vinyl brought in about $230 million, almost double that of CDs during the first half of this year.
As popular as vinyl has become again, it's still playing second fiddle to streaming music. According to Dakota News Now, people dished out nearly $4.8 billion on streaming in the first six months of 2020.
On the topic of CDs again, if you own quite a few, my advice, don't part with them. In about 10 to 15 years, they'll be the rage yet again. Selling for about $35.00 a pop. Just wait.
Source: Dakota News Now