Despite streaming services continuing to dominate the business of recorded music, there’s still very much a place for physical media in that sector. The Recording Industry of America said in an annual report [PDF] that sales of vinyl records rose for the 18th straight year in the US to $1.

For the first time, paid streaming subscriptions hit the 100 million mark in the U.S. last year, while vinyl sales continued their nearly two-decade resurgence with $1.4 billion in sales, according to Recording Industry Association of America's annual recorded-music revenue report.

The U.S. recorded music sector grew again in 2024, up by more than $500 million from 2023, driven by paid subscriptions topping 100 million for the first time.