Vinyl to outsell CDs for the first time in 30 years

For the first time since 1986, vinyl records are on pace to outsell CDs this year - in the first half of 2019 vinyl sales made $224.1 million, comparatively, CDs yielded $247.9 million. Vinyl revenue grew 12.8% in the second half of 2018, and 12.9% in the first six months of 2019. The profits and sales of CDs stayed pretty much same in that timeframe, and if those trends continue, vinyl could easily gross more than compact discs by the end of the year. Streaming is still the most popular form of music consumption. Vinyl made up 4% of total revenues in the first half of 2019, while streaming subscribers attributed to 62%. Rolling Stone...