Vinyl - WIll it save the record business for artists - 06/09/16 12:15 AM
Several good things about Vinyl.
Easy to track sales and pay royalties.
Usually was easier to buy in a store than online.
They wear out or get scratched and need replacing.
Many people are convinced they sound better than anything else on the planet.
Artists had a bigger canvas, Musicians love artists
People will stick a bunch of money into vintage record players and hi fidelity equipment.
Statistics already show young music buyers have a high interest in vinyl. Record setting sales and the trend shows this buying frenzy is not going away.
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Billboard US vinyl sales up 53% 2016 first quarter
http://www.billboard.com/articles/business/6538585/us-vinyl-album-sales-up-by-53-in-q1
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Forbes 2015 US Vinyl sales up 30%
http://www.forbes.com/sites/hughmcintyre/2016/01/08/vinyl-sales-surged-30-percent-in-2015-led-by-adele-and-taylor-swift/#2e067cdf30f1
This trend could save music industry form the streaming disaster.
When vinyl was king large retailers sold plenty of expensive home audio gear. Record stores were buzzing with foot traffic. Malls were busier, people were happier, the world was a better place to live.
Easy to track sales and pay royalties.
Usually was easier to buy in a store than online.
They wear out or get scratched and need replacing.
Many people are convinced they sound better than anything else on the planet.
Artists had a bigger canvas, Musicians love artists
People will stick a bunch of money into vintage record players and hi fidelity equipment.
Statistics already show young music buyers have a high interest in vinyl. Record setting sales and the trend shows this buying frenzy is not going away.
++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
Billboard US vinyl sales up 53% 2016 first quarter
http://www.billboard.com/articles/business/6538585/us-vinyl-album-sales-up-by-53-in-q1
++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
Forbes 2015 US Vinyl sales up 30%
http://www.forbes.com/sites/hughmcintyre/2016/01/08/vinyl-sales-surged-30-percent-in-2015-led-by-adele-and-taylor-swift/#2e067cdf30f1
This trend could save music industry form the streaming disaster.
When vinyl was king large retailers sold plenty of expensive home audio gear. Record stores were buzzing with foot traffic. Malls were busier, people were happier, the world was a better place to live.