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But why stop at vinyl? The resurgence of cassettes and even CDs points to a broader cultural trend. People seem to be pushing back against the ever-growing digital world, craving things that slow ...
Vinyl revenue grew by 12.8% in the second half of 2018 and 12.9% in the first six months of 2019, while the revenue from CDs barely budged. If these trends hold, records will soon be generating more money than compact discs". [58] Best Buy discontinued CDs in 2019, but as of January 2020 still sells vinyl.
Are you a vinyl fan or do you prefer your music in digital form?
In the longtime parlance of music retail, the vinyl format’s biggest enthusiasts over the years are sometimes known as “crate diggers.” But it might be time to put that image to bed ...
Full-length cassettes experienced the most loss (-14.5% market share) in the 10-Year period, although most of the loss (-13.1%) was experienced from 1998 to 2003. In 2007, they were outsold by Vinyl. As of 2007, only two formats had greater than 10% of the market: Full-length CDs and Digital Download.
Universal Music's sales manager, Marc Fayd’Herbe, has described Record Store Day as "the single best thing that has ever happened" for independent record shops. [5] The 2013 event was credited with the highest U.S. vinyl sales, [6] and the 2014 edition resulted in independent retailers recording the highest percentage of physical album sales, since the SoundScan system was introduced in 1991 ...
This reason alone, D’Eugenio added, is why the passion for collecting vinyl persists, regardless of age. “A lot of people my age are also having kids or have kids that are now teens,” she said.
Dusty Groove is a Chicago-based online record store specializing in new and vintage jazz, funk, soul, hip-hop, world, rare, collectible, and vinyl records and CDs. [4] Dusty Groove building at 1120 N Ashland Avenue. Front entrance to the Dusty Groove Chicago store. Interior of Dusty Groove on an early weekday.