RIAA Reports 28.3% Rise in 2015 Vinyl LP Unit Shipments
Though RIAA said streaming was the largest component of recorded music revenue (see 1603220061) for the first time in 2015, 2015 also was a banner year, in terms of percentage growth, for vinyl LPs, RIAA said in a Tuesday report.…
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The industry shipped 16.9 million vinyl LPs in 2015, a 28.3 percent rise from 2014, RIAA said. The industry shipped $416.2 million worth of vinyl LPs, a 32.2 percent jump from 2014, it said. The industry shipped more than seven times as many album-length CDs as it did LPs last year, but CD unit and dollar shipments declined 13.9 percent and 17 percent, respectively, it said. Total physical unit and dollar shipments fell 10.8 percent and 10.1 percent, respectively, it said.