Culture
2024-03-27-1-vinyl-outsells-cds-again

Vinyl sales rose 10% last year

Almost a century after the first long-playing record was pressed, it seems that vinyl is still spinnin’. A new report from the Recording Industry Association of America (RIAA) yesterday revealed that people in the US bought a collective 43 million vinyl records last year — some 6 million more units than the number of CDs sold, marking the second year running that the vintage format has won out.

While streaming remains king, making up ~84% of US recorded music revenues, vinyl sales still raked in an estimated $1.4bn, compared with just $537m for less pricey CD formats.

With sales peaking in the late 1970s, before it was dethroned by CDs/cassettes in the 80s and throughout the 90s and 00s, vinyl’s popularity has seen a resurgence over the past decade, in no small part because of its modern day consumer advantage over other mediums: the “cool factor”.

But, hipsters aside, the recent uptick can also be attributed to vinyl records breaking into the mainstream, with Kendrick Lamar, Harry Styles, and Lana Del Rey all releasing their latest albums on wax — as well as megastar Taylor Swift, whose album 1989 (Taylor's Version) was the best-selling vinyl LP of 2023, making up 7% of all US vinyl album sales last year.

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Netflix slumps as Elon Musk ramps up calls for boycotts on the streaming giant

Netflix shares slumped Thursday, down for the third straight day, as Elon Musk continued to push for users to cancel their subscriptions to the streaming giant.

The backlash centers mostly on Netflixs animated series Dead End: Paranormal Park, though Musk has also referenced The Baby-Sitters Club, shows that touch on transgender themes. On Tuesday, he replied “Same” to a user who said they’d canceled Netflix, confirming he had too. Early Wednesday he urged, “Cancel Netflix for the health of your kids.”

Musk continued to back a boycott on Thursday, resharing to his 227 million X followers several posts of users canceling their accounts and highlighting cultural criticisms around the show.

Netflix stock has performed well this year, rising about 30%.

Simpsons Movie still

“The Simpsons Movie 2” set for release two decades after first film

For millions, the TV show’s golden era has long since passed.

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