ÐÇ¿Õ´«Ã½

Skip to main content

Vinyl sales overtake CDs for the first time since 1987

Share

For the first time since 1987, vinyl sales have overtaken in CDs as interest in the format continues to grow.

The growth has been consecutive for the last seven years. According to data from the Recording Industry Association of America, U.S. vinyl sales reached 41.3 million in 2022, compared to 33.4 million CDs sold in the same year.

"I've always been a fan of physical media, especially vinyl. It's really nice to see a lot of people coming back to it," Ian Fraser, owner of Obsolete Records in Halifax, told CTV National News. "I definitely think people wanted to get into something new or get into a new collection something they can spend their money and really enjoy."

Interest in vinyl saw a boom after start of the pandemic. In 2020, vinyl sales grew 28 per cent from the previous year, and in 2021, sales grew by another 68.8 per cent.

"I have a really wide clientele of super young kids getting into it and older people getting back into it … Everybody's just really excited to be collecting," Fraser said.

These figures still pale in comparison to streaming, which makes up 84 per cent of sales in the music industry. But enthusiasts say nothing beats the unique sound quality, look and feel of owning a vinyl record.

"I think it's sort of a way for people to engage with their favourite artist. Also it's a part of someone's identity," Tom Spence, owner of Renegade Records in Dartmouth, N.S., told CTV National News.

Artists are making less than a penny per stream, but thanks to this vinyl resurgence from new and older artists, experts say record sales will only go up, translating to more fan support for the artist.

"They're adding different songs that are only available in exclusive on vinyl records. In fact Taylor Swift's album 'Midnights' amazingly sold more copies than The Beatles and Fleetwood Mac put together," music industry expert Eric Alper told CTV National News.

CTVNews.ca ÐÇ¿Õ´«Ã½

The province's public security minister said he was "shocked" Thursday amid reports that a body believed to be that of a 14-year-old boy was found this week near a Hells Angels hideout near Quebec City.

Since she was a young girl growing up in Vancouver, Ginny Lam says her mom Yat Hei Law made it very clear she favoured her son William, because he was her male heir.

An Ontario man says it is 'unfair' to pay a $1,500 insurance surcharge because his four-year-old SUV is at a higher risk of being stolen.

The Montreal couple from Mexico and their three children facing deportation have received a temporary residence permit.

Local Spotlight

They say a dog is a man’s best friend. In the case of Darren Cropper, from Bonfield, Ont., his three-year-old Siberian husky and golden retriever mix named Bear literally saved his life.

A growing group of brides and wedding photographers from across the province say they have been taken for tens of thousands of dollars by a Barrie, Ont. wedding photographer.

Paleontologists from the Royal B.C. Museum have uncovered "a trove of extraordinary fossils" high in the mountains of northern B.C., the museum announced Thursday.

The search for a missing ancient 28-year-old chocolate donkey ended with a tragic discovery Wednesday.

The Royal Canadian Mounted Police is celebrating an important milestone in the organization's history: 50 years since the first women joined the force.

It's been a whirlwind of joyful events for a northern Ontario couple who just welcomed a baby into their family and won the $70 million Lotto Max jackpot last month.

A Good Samaritan in New Brunswick has replaced a man's stolen bottle cart so he can continue to collect cans and bottles in his Moncton neighbourhood.

David Krumholtz, known for roles like Bernard the Elf in The Santa Clause and physicist Isidor Rabi in Oppenheimer, has spent the latter part of his summer filming horror flick Altar in Winnipeg. He says Winnipeg is the most movie-savvy town he's ever been in.

Edmontonians can count themselves lucky to ever see one tiger salamander, let alone the thousands one local woman says recently descended on her childhood home.