U.S. CD Sales Show 19.1% Drop in Luminate Data, Contrasting RIAA's Growth Report

U.S. CD Sales Show 19.1% Drop in Luminate Data, Contrasting RIAA's Growth Report

By Marcus Bennett

November 17, 2024 at 08:43 PM

U.S. CD sales data shows conflicting trends in 2024, with two major industry trackers reporting significantly different figures. Luminate reports a 19.1% year-over-year decline, while the RIAA indicates a 3.3% growth for H1 2024.

Stacked CDs on retail shelves

Stacked CDs on retail shelves

Key Statistics:

  • Luminate data: 22.2 million CD units sold in 2024 (down 19.1% from 27.4 million in 2023)
  • RIAA H1 2024 data: 16.8 million units (up 3.3% from 16.2 million in H1 2023)
  • RIAA retail value: $236.7 million (up 0.3% from $236 million)

The significant discrepancy between these figures can be attributed to Luminate's methodology changes implemented in early 2024. These changes:

  • Altered how independent retail store sales are tracked
  • Were modified again in late April 2024
  • Created challenges in making year-over-year comparisons

Billboard has acknowledged these tracking issues, noting that there's "not available comparable historical data to provide an accurate year-over-year trend regarding physical sales."

This data controversy follows similar issues with vinyl sales tracking, raising questions about:

  • The accuracy of physical music sales reporting
  • The impact on historical data comparison
  • The need for temporary suspension of year-over-year trend reporting

The situation continues to evolve, with potential implications for how physical music sales data will be tracked and reported in the future.

Businessman checking phone with charts

Businessman checking phone with charts

Emmy Feldman in white shirt

Emmy Feldman in white shirt

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Colorful YouTube gift jewel icons

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