However, RIAA aren't exactly comparing apples with apples. From Hypebot:
Vinyl $416M vs. Ad-Support Streams $385M
$416 million in 2015 vinyl sales effectively netted creators and rightsholders less than half that after manufacturing, distribution and retail markup. $385 million in streaming income, on the other hand, was not diminished by any of those expenses. The cost of digital delivery to a streaming service is minimal and requires no manufacturing or shipping and far fewer middlemen.
ESTIMATED NET REVENUE
Vinyl $200M vs. Ad-Supported Stream $350M
My conclusions are, of course, just educated guesses. But if we hope to fix the very real revenue problem for artists and the industry, all sides need to begin a dialogue guided by real numbers rather than rhetoric."
And what percentage was vinyl of sales in 1988? Just 11% of total sales. Cassettes were the big seller.
So, while vinyl is doing well, we're heading into April, with Record Store Day coming up on April 16. Not every record store is looking forward to it. As the day increasingly gets taken over by major labels hogging pressing plants to issue vinyl of the likes of Justin Beiber, Status Quo or Mungo Jerry, some stores are not really feeling it any more...
... The lead up to the day sees a dramatic fall in sales, and the post event effect is similar. Ask around. Do shops' quarterly figures look any better whenever they take part in RSD? All the ones I know say no. New releases all but come to an end weeks before, and all promotional activities swing behind RSD....