Not really. Vinyl gross margins are only 50-60% after accounting for production, distribution, and retail costs. Streaming royalties are pure profit (at least 9

Not really. Vinyl gross margins are only 50-60% after accounting for production, distribution, and retail costs. Streaming royalties are pure profit (at least 95% margins). Even if you are generous to vinyl margins (60% margin to 90% margin), that works out to $250m vinyl gross vs $350m streaming gross. So streaming revenue is more valuable.