This according to the RIAA mid-year 2025.
"2025 Mid-Year Music Industry Revenue Report | RIAA
Revenue across all formats hit a new high of $5.6 billion with paid subscriptions driving mid-year growth up 5.7% to $3.2 billion and climbing 6.4% to 105 million accounts. Vinyl held steady, making up more than three-quarters of all physical music revenues following a nearly two-decade resurgence."
Funny I see the bins at Barnes & Noble, Newbury Comics and other major retailers full of new music releases on vinyl. Also, you have to consider that most artists have to release their music on some form of physical media even if in low volumes because their side of the revenue picture for their creativity and hard work from streaming is such a tiny fraction of each stream that they have to make up the revenue shortfall. Spotify and Band Camp as an example and the labels their music is released under along with the executives in charge get first dibs on the profits leaving little for the artists. Millions of streams are required to make any money at all.
"Creating Product that is a Hard Medium Commodity, when not selling to the produced capacity might end up in a Landfill."
Interesting there seems to be an endless supply of high-quality physical media available in brick and mortar as well as online which the segment of the population in this niche market can't get enough of. Looks like a totally renewable resource to me and millions of others around the world. You also have to consider the longevity and the durability of the vinyl medium because there are still many examples of readily available vinyl dating back to it's beginning in the late 40's that have pristine surfaces and sound superb. Not bad for an 80 something year old format.
I'll keep my physical media and FM rather than attempt to stream and enjoy music with wireless Bluetooth earbuds on my phone. I also constantly read reports about streaming through higher end equipment that Wi-Fi can be unreliable and an Ethernet connection is a necessity which isn't always doable in some situations. Issues with consistent availability of your selections in your playlists and questions about actual bit rates of the streams.

