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by throw_m239339 855 days ago
> The vinyl narrative is so whack.

"Revenues for the LP/EP format were $1.2B in 2022 and accounted for 7.7% of total revenue of $15.9B for all selected formats for the year"

Adjusted to inflation.

It's my understanding that LP/EP is vinyl as well. Not Just vinyl single.

1 comments

This has to be it. Vinyl costs like 20$ per, and $8m is like 400k vinyl sales (users often buy more than 1 vinyl so it's a lot less users) which seems too low globally. At 1.2b, it is more like 60m sales which seems more reasonable.