Bill rosenblatt music industry watchers know that vinyl records have been enjoying a resurgence since their near death in the mid 2000s and the market continues to grow.
The resurgence of vinyl records.
The vinyl revival is the renewed interest and increased sales of vinyl records or gramophone records that has been taking place in the western world since about 2007.
The analogue format made of polyvinyl chloride had been the main vehicle for the commercial distribution of pop music from the 1950s until the 1980s and 1990s when they were largely replaced by the compact disc.
Vinyl recordsare one of the products that are regaining popularity especially among younger crowds.
Instrumentalists who once struggled to compete with free downloads now have another way to distribute their music.
This revival contrasts starkly with sales of cds and downloads which are plummeting.
But vinyl sales are.
Last year vinyl lp sales reached.
Dan ison lead uk partner for media and entertainment at deloitte sees vinyl s comeback as something of a phenomenon.
The post world war ii vinyl presses were resuscitated and called back into service because since vinyl was considered dead and done technological innovation detoured around record pressing.
And the first new wave of record pressing machines is here.
Vinyl has undergone a resurgence that few in the music industry were fully prepared for with year on year sales growing by 53 per cent in 2016 to total more than 3 2 million according to the bpi.
Sales of vinyl records surpassed those of cds in the u s.
Vinyl records which is currently enjoying a resurgence in popularity that s outstripping digital music growth proves the adage that everything old is new again.
For most of the 20th century phonograph records particularly vinyl lps and 45s were unquestionably the most loved and popular format for one s favorite albums and songs.
Since the turn of the millennium cds have been partially replaced by digital downloads and streaming services.
But technology if anything is respondent.
For the first time since 1986 marking a key turning point for the format s nostalgia fueled resurgence.
March 7 2018march 13 2018record head.
The resurgence of vinyl records.
Although most are functionally obsolete products of the past are making a comeback from physical books to board games and more.
Physical goods are experiencing an incredibly unexpected resurgence.