Tag Archives: RIAA

T is for Thirty-Three and a Third

As you may be aware, sales of physical manifestations of music have been dropping like a stone, in favor of digital forms. The Record Industry Association of America notes that, from 2007 to 2009, the sale of digital music (i.e., downloads) grew from 23% to 34% to 41% of the market in the United States.

Yet the statistics also reveal a countervailing trend. The sale of long-playing, and extended play records (LPs and EPs), made from vinyl, has INCREASED over the same period, from 1.3 million units to 2.9 million to 3.2 million. These are minuscule numbers compared with the hundreds of millions of albums sold annually in the LP’s heyday in the 1960s through the early 1980s, when compact discs were introduced. Still, it’s an interesting phenomenon. Continue reading T is for Thirty-Three and a Third