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Vinyl sales accounted for 41 million units, compared to 33 million for CDs, comprising 71% of physical format revenue and growing 17% from the previous year. ... RIAA: Vinyl Outsold CDs in 2022 ...
The following is a list of the best-selling albums in the United States based on RIAA certification and Nielsen SoundScan sales tracking. The criteria are that the album must have been published (including self-publishing by the artist), and the album must have achieved at least a diamond certification from the RIAA. The albums released prior ...
Since 2016, the RIAA album certification has also included on-demand audio/video streams (1,500 streams = 1 album unit) and track sale equivalent (10 track sales = 1 album unit). [2] Additionally, awards are presented only if and when a record company applies for certification.
This has some effect on music sales, but as Lawrence Lessig points out, there is wide asymmetry between the estimated volume of illegal downloading and the projected loss of sales: In 2002, the RIAA reported that CD sales had fallen by 8.9 percent, from 882 million to 803 million units; revenues fell 6.7 percent.
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The U.S. recorded music industry grew its revenue by 8% in 2023, reaching an all-time high of $17.1 billion and marking eight consecutive years of growth. However, there’s no question that the ...
The RIAA operates an award program for albums that sell a large number of copies. [13] The award was launched in 1958; [14] originally, the requirement for a Gold single was one million units sold and a Gold album represented $1 million in sales (at wholesale value, around a third of the list price). [15]
The U.S Latin recorded-music industry posted record revenue of $685 million, marking significant growth in physical sales and strong streaming numbers, according to the RIAA’s mid-year Latin ...
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