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Dear @tls49 : Well not really a lost for vynil lovers due to what other posted: almost all of us own thoudands of LPs.
No one knnows yet what will happens about and for the industry is catastrofic due that that plant was the suppier of 80% on the world needs.
In the mean time and for music lovers maybe what we could predict is that the already high prices for LPs will goes even higher.
Regards and enjoy the MUSIC NOT DISTORTIONS,
Where there is money to be made someone will step in. My bet is that Apollo will rebuild itself and do better than ever. It may not be as big as it was in it's hay day but it is still a very large and growing market.
Hey Raul! Maybe you and I should go into business making blank lacquers. Think of all the free records we could get:)
People buy new records? I have a blast digging through all the piles in thrift stores. Sure, some turn out to be in bad shape but the vast majority are pretty decent to great. Yea, you need to go through piles of them to find the better ones but that's part of the fun of it. I'm always coming home with something that wasn't even on my radar. And I rarely pay more than a buck each.
Yes, there are an enormous number of old LP’s available for old guys like us (pardon me if my assumptions about all ya’ll are incorrect ;-), but for the format to have an enduring future, new music has to available on LP for younger music lovers to buy.
Long after the CD had replaced the LP (throughout the 1990’s), I continued buying new releases on the latter whenever possible. And the price of used LP’s then was like that of CD’s now---dirt cheap. I am still finding Mint- copies of LP's from the 60's/70's/80's for five bucks or so.
I'm bummed by this fire. I loved the fact that increasing numbers of new jazz releases, some by relatively obscure players, were coming out on vinyl again. That momentum is likely to be lost or seriously impeded by this fire, it seems.
In addition, recordings from the '90s that were only available on CD are now being pressed on vinyl.
The quote of “26% of physical albums are vinyl” are they saying saying, that 74% were CD, or is there some other type of “record” other than vinyl? And I’m with the rest, I have purchased a few new albums, just picked up beautiful Miles Davis record actually, but most are “vintage” and I would guess the majority of the record buying public are doing the same. I’m also hard pressed to believe it is millennials that are driving this boat. Some may be on the ride, but not the prime movers. It’s not a cheap hobby, overall.
I could happily never buy another new record again. I rarely buy expensive new audiophile pressings - most sound worse than the originals. They're so much better that I’ll sit through the rice crispies to have a more pure glimpse into the past. I bought an AAA jazz record last year and it was so devoid of life, it was unplayable.
noromance, you just have to be careful to observe who is pressing the records. There are now companies who are doing a fabulous job on the other hand there are companies that are pressing garbage. If you are classical only there is a solid argument for period pressing but for pop music a lot of the original pressings were pretty bad. Jazz was a mixed bag. Even old ECM pressing could be noisy on occasion not to mention that I think Manfred had severe high frequency hearing loss. The cymbals were always in your face.