Jay Peters reports for The Verge about the year-over-year rise in the number of CDs being purchased.
The data suggests that “the CD has been recontextualized from a functional audio format into an affordable collectible,” Luminate says. “This behavior underscores that for younger generations, the act of buying physical music is as much about aesthetic ownership and direct financial support for the artist as it is listening to the music on the product itself.”
The surprise here is that approximately half of the Gen Z and millennials buying CDs don’t even own a device on which to play them. It’s still about that connection, though. I admitted the other day that I sometimes listen to a CD even when I could just as easily (more easily even) stream the album.
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