Vinyl sales surpass CD sales first time 1980s - After their slow withdrawal in the late 80s, vinyls have been living a second youth for some time. So much so that during the first half of 2020 more copies were sold in the United States than CDs, causing his retirement.
Surpassing the compact discs in the US market was something not seen since 1986, and it seems that the trend continues to increase even outside its borders. In Spain, for example, they already account for 40% of sales of music in physical format.
Vinyl records accounted for about us $ 232.1 million (195.33 million euros) of music sales in the first half of the year, leaving behind the ever more discreet CD sales, which contributed only 129.9 million (109.32 euros), almost half, according to a report by the Recording Industry Association of America (RIAA).
Vinyl records, also known as gramophone records, were the forerunners of formats such as cassette tapes and CDs, which would eventually break them down for portability and convenience. Now, more than 30 years later, they have resurfaced.
In fact, they have been doing so since 2005, the last year in which their year-on-year sales fell. Little by little, in these last 15 years gramophones have become fashionable again supplanting CDs, lacking the nostalgia factor and analog storage. This 2020 alone, vinyl revenues increased by 4% by 48% that dropped those of compact discs.
Vinyl sales surpass CD sales first time 1980s
But that hasn't stopped vinyl records from resurfacing. Since 2005, vinyl sales have grown steadily. In the first half of 2020, vinyl revenues increased by 4%, while CD revenues decreased by 48%, according to the RIAA.
However, increased interest in vinyl has not been sufficient to prevent overall sales of the physical format from declining. These fell by 23%, to $ 376 million, during the first half of a year marked by the stagnation of the physical music industry. As a result of the pandemic and increased security measures, assets such as concerts, festivals and visits to music stores have been forgotten.
But, despite this decline, music consumption has continued to boom, but by other means.
The confinement was the last push to internet reproduction, both in streaming on social networks and in deferred, making them grow by 12% (up to 4.800 million dollars; 4.040 million euros) during the first half of the year. Streaming, on the other hand, has encouraged users to be willing to pay to play content, with services like Spotify and Apple Music growing up to 24% in this period.
Over time, as happened with the CD, internet music formats have ended up collecting all the industry's revenue, accounting for 85% of what it generates. In total, sales in the sector in general have grown 5.6%, mainly driven by streaming, to a total of 5.7 billion dollars (48.000 million euros) from January to June alone.
In Spain, for its part, the situation of the music industry is analogous to that shown by the RIAA in the United States, although the sorpasso of the CD has not yet been reached. Referring to the national territory, Promusicae said these days that the reason for the boom was, precisely, streaming, which would have saved music sales "despite the slowdown that has caused COVID-19".
End of Vinyl sales surpass CD sales first time 1980s
Ikea partners with Asus to create a line of furniture and accessories for gamers
The world of video games has more and more fans, whether on PC or video game consoles and it is clear that every person needs a favorite place to play.
Many opt for the sofa, but other users prefer a good chair able to meet all your needs and any type of accessory to make your life easier.
So far, the offers in this type of products are always expensive or the usual thing is to see chairs or furniture of this type that bet more on design than ergonomics.
The normal thing is to find products that are not prepared for the gaming world, have almost no variety and are usually much more expensive than very similar products.
With this intention has wanted to make a niche in this market IKEA that in collaboration with Republic Of Gamers (ROG), the company behind which Asus is located, has announced a range of furniture and accessories for gamers with a premise by flag: "affordable" products designed to enjoy video games at home.
The new line will have around 30 products and will be available in October of this year and will reach the Chinese market for the first time in February 2021.
At the moment, however, it is not known what kind of items will be within this new category or its price, but as it follows from information from IKEA is to be assumed that tables, desks, lamps and other accessories will arrive for everyday use.
"Thanks to years of experience in delivering innovative gaming solutions to gamers, ROG deeply understands the gamer community. Together with IKEA, an expert in home furniture, we imagine that this collaboration will create synergies that will allow players to create the gaming space they always imagined in the comfort of their homes," explains Kris Huang, general Manager of ROG's equipment and accessories business unit.