Despite streaming services continuing to dominate the business of recorded music, there’s still very much a place for physical media in that sector. The Recording Industry of America said in an annual report [PDF] that sales of vinyl records rose for the 18th straight year in the US to $1.

Subscription streaming boosted global recorded music revenues for a tenth straight year in 2024, by 4.8% to $29.6 billion, an industry group said on Wednesday, while urging policymakers to protect artists from copyright threats by artificial intelligence developers.

The U.S. passed 100 million paid music-streaming subscribers for the first time and vinyl continued its 18-year growth, per RIAA 2024 report.