Did vinyl sales just hit the proverbial brick wall?


Interesting read here about the state of vinyl. Personally, I had no idea what the percentage of vinyl sales was “merchandise” never to be opened or played.

 

https://tedgioia.substack.com/p/did-the-music-business-just-kill?utm_source=substack&utm_medium=email

128x128wturkey

@grislybutter 

You're right Grisly.  A lot of millennials and younger are buying vinyl and labels are cutting records of material they like.  In fact some of them are buying more vinyl than I buy as I have most of what I want and I'm not much interested in the noise and bling that passes for popular music these days.  As for classical, how many versions of Beethoven's Fifth do you need?  I have about 7.

It is difficult to prove a negative.  Some here are saying young people don't buy vinyl.  Where is their evidence?

We oldtimers who love records can still purchase them on Ebay and from used record stores. By the time the interest and availability of vinyl records peters out, so will most of us anyway, so why worry about it. Instead enjoy what records we already have at home or can still purchase used.

I don’t, or won’t, stream music and probably never will. But I do stream Paramount Plus on television to catch or rewatch all the many Star Trek programs. I’ve seen most all of them, and have yet to see a single vinyl record on any episode. So the handwriting is on the wall.

My current plan is to outlive my peers and scarf up their record collections as they become available. It’s only out of politeness I’ve not contacted those of you who say you’re getting rid of your vinyl, while switching to streaming.. And the vast majority of kids I’ve spoken to haven’t a clue about good audio equipment, much less vinyl records, so what’s the difference if records disappear after we’re gone?

Mike

Vinyl did die once already, and then it came back. Whatever brought it back could do so again. Now let’s all keep our mouths shut (less they catch on) so prices can come down again as everybody unloads their collections. 2000ish was a great time to be buying music. 

@mojistyn - the revival of yinyl sales was not driven by an older demographic.  While a proportion of older listeners have undoubtedly come back to vinyl, having previously switched over to CD, a cursory glance at the racks of any store selling new records will reflect the fact that there is a huge proportion of music which is not targeted at an older demographic.

Contrary to what you say about phones and computers, it's precisely because so much of the modern world is virtual that younger people are attracted to a physical format, especially one that is both visually and aurally rich.

Cassettes …..wow. I don’t know about everyone else but I’m not going back there.