by EditorDavid on (#772X0)
"Approximately half of Gen Z and millennials who have purchased a CD do not own a CD player," according to midyear sales statistics from entertainment data company Luminate. It's driven in part by "collection building", according to their report [PDF]:The CD has been recontextualized from a functional audio format into anaffordable collectible. This behavior underscores that for younger generations, the act of buyingphysical music is as much about aesthetic ownership and direct financial support for the artistas it is listening to the music on the product itself "Among artists who had a direct impact on the resurgence of CDs, K-Pop icons BTS' 10th studio album, ARIRANG, was a big seller," Vice points out in their report on the new data. "However, Luminate also found that, beyond K-Pop's overall influence, CD sales still increased 6.7% year over year, even if the whole genre was removed from the equation, jumping 16% to 16.3 million units." That's more than the growth of vinyl sales (2.4%) - but physical media in general seems to be making a comeback: Through the first half of the year, total physical album sales on vinyl, CDs, and cassettes reached 38.2 million units in the United States. This equates to a 7.8% increase.... [I]t seems that younger music fans have been driving a lot of the retro revival. The report shows that in 2026, 60% of Gen Z listeners said they most often listen to music from the 1990s and older. This is a massive increase from the 18 percent marker in 2021. The new report also revealed that the way music fans are buying physical media has shifted. Indie record stores have been the largest generator of physical album sales for some time, and they continue to be. However, big-box stores like Target and Walmart took significant strides in the first half of 2026. Collectively, their music sales made up about 30% of the market. Thanks to Slashdot reader fjo3 for sharing the article.Read more of this story at Slashdot.