RIAA leadership is once again mis-reading the organization’s own data to suggest that vinyl is a better revenue generator than ad-supported streaming. Vinyl actually accounts for about one-third the level of ad-supported streaming and about one-sixth of streaming revenue overall.
Every few months a naïve journalist gets misled by a false narrative pushed by someone in the recording industry. Last winter it was the New York Times. More recently, Business Insider fell into a similar trap with its headline: “The music industry has made more money in 2015 from a century old technology than ad-supported streaming.”