Vinyl, which tends to be pricier than the newer format, also far outstripped CDs in actual money made, raking in $1.4 billion compared to $537 million from CDs. The RIAA’s report shows that CD revenue was up, too, but in terms of physical products sold, people actually bought about 700,000 fewer CDs in 2023 than the year before. (If you’re curious, nearly half a million cassettes sold last year, too, according to Billboard.)
Vinyl records outsell CDs for the second year running
