Vinyl continues to out-sell and out-gross CDs in Canada

Luminate, the company that monitors everything about how we consume music, reports this week that vinyl is still on a tear in Canada. Without counting the sales of used records and any transactions at record shows, vinyl continues to out-sell and out-gross CDs.

So far this year, 145,043 physical CDs have been sold, a drop of 16.2% from a year ago. Meanwhile, Canadians purchase 151,698 pieces of fresh vinyl, a pop of 39.2% from the same period in 2023.

Because vinyl is so much more expensive–stupidly so–that CDs, this means that the industry is making far more money from the sale of vinyl records than compact discs.

Another stat: Last week, Canadians bought 27,907 new CDs. But we also bought 27,956 digital albums. We’re buying far fewer digital albums than we did a year ago but that number is still bigger than CD sales–at least at this point on the calendar.

Meanwhile, streaming adoption continues in Canada. Last week, we called up 2.669 billion streams, which is 12.5% higher than a year ago.

More figures here.