Notable releases by superstar artists such as BTS, Taylor Swift, Olivia Rodrigo and Adele had passionate fans buying up CD versions of their new releases. The music industry has its biggest stars to thank for last year's bump in CD sales. “It's less than 10 percent of our business, but that's very much in line with the smaller selection we carry. " We've been pleasantly surprised to see there is still a CD customer at this store," says George Flanagan, who manages the popular New York City record store Rough Trade. While that pales in comparison to the $12.3 billion earned from streaming, the figure is still significant. 1 album sales are generally the result of streams, only a small portion of physical sales accounting for hits.Īlthough CDs have primarily been replaced by all-you-can-consume music streaming services, something interesting happened in 2021: CD sales rose for the first time in almost two decades, driving over $580 million in revenue for the music industry.
To think that there was a period of time where artists routinely sold millions of albums on compact disc is almost unbelievable in 2022. The activities Jay-Z refers to may be foreign to most music fans in 2022. "I know you just ripped the packaging off your CD/If you like me, you reading the credits right now," says Jay-Z on "Hova Song," the intro from his 1999 album Vol. And when your favorite CD got scratched, it was the worst day ever. Once you got past the surprisingly difficult shrink wrap, you proudly displayed your collection with the spines facing out. For decades, a CD was something you could hold in your hand or carry with you in a semi-sleek binder that might move from your home to your car.
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