4 ms·
> 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
by throw_m239339 3y 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 $15.9B for all selected formats for the year"
Adjusted to inflation.
It's my understanding that LP/EP is vinyl as well. Not Just vinyl single.
- spyckie2 3y agoThis has to be it. Vinyl costs like 20$ 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.