Recording Industry Association of America

Americans buying more vinyl than CDs for first time in decades

Vinyl records continued to translate their retro appeal into a steady resurgence, outselling compact discs last year in terms of units in the United States for the first time since 1987.

Revenues from the sale of physical records jumped 4 percent in 2022 to $1.7 billion, according to the latest report from the Recording Industry Association of America released on March 9.

Orfium woos top executives

Greek startup Orfium has grown so much that it is now attracting the attention of foreign senior executives such as Universal Music Group's former general counsel Richard Constant. He is the new chairman at the innovative Los Angeles-based firm that has developed a platform that identifies online music copyright violations.