recycle
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- Apr 11, 2023
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It's time to publish statistics:
Physical music sales continue to rise, with 4.4 million total sales in the first half of 2023. That’s a 20% increase compared to the same period in 2022. Drilling total sales data down looks like this:
(source: https://www.digitalmusicnews.com/2023/07/12/music-industry-data-luminate-2023-mid-year-report/)
We live in a highly technological world where you just need to take your smartphone out of your pocket to listen to your favorite artist for free. Meanwhile, more and more people are buying physical media (mainly vinyl): there must be some mystical explanation about this
Physical music sales continue to rise, with 4.4 million total sales in the first half of 2023. That’s a 20% increase compared to the same period in 2022. Drilling total sales data down looks like this:
- Vinyl — 60.3% | 3.6 million sales (26%+ YoY)
- CD — 38.3% | 1.7 million (15%+ YoY)
- Cassette — 1.4% | 62,000 (-14.6% YoY)
(source: https://www.digitalmusicnews.com/2023/07/12/music-industry-data-luminate-2023-mid-year-report/)
We live in a highly technological world where you just need to take your smartphone out of your pocket to listen to your favorite artist for free. Meanwhile, more and more people are buying physical media (mainly vinyl): there must be some mystical explanation about this