Good news for Vinyl lovers

venkatcr

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Came across an interesting article today. Seems sale of CDs is going down and the sale of Vinyls is going up!

Vinyl Revival? Records Move on CDs in 2008 - PC World

Here is a full extract for those who are lazy to click on the link.

PCWorld said:
Audiophiles have long argued that vinyl records offer better sound quality compared to CDs or MP3s, but their stoic loyalty in the face of change was seen as little more than nostalgia over the 25 years digital recordings have dominated the music industry. In recent years, however, sales of LPs -- that's short for long-playing records -- have more than doubled online and are regaining overall market share, thanks to new converts looking for more than they can find in an MP3 selling for 99 cents online.

In 2008, 1.88 million vinyl albums were purchased, more than in any other year in the history of Nielsen SoundScan (Nielsen SoundScan), which began tracking LP sales in 1991. The previous record was in 2000, when 1.5 million LP albums were sold. More than two out of every three vinyl albums bought in 2008 were purchased at an independent music store, according to SoundScan.

Vinyl record sales rose 14% between 2006 and 2007, from 858,000 to 990,000. In contrast, CD sales plummeted over the past three years, from 553.4 million in 2006 to 360.6 million in 2008. MP3 sales grew from 32.6 million to 65.8 million during the same time period, according to SoundScan.

Industry observers say vinyl record sales have skyrocketed because new buyers are discovering the value of owning albums, with their cover art, large liner notes and warm sound.

"There's nothing like a vinyl record. It's analog. It sounds as close as you're going to get to the artist. If you're that guy who sits in that optimum space in your living room, you're definitely going to hear the difference," said Steven Sheldon, president of Los Angeles-based Rainbo Records (Rainbo Records Home Page).

"Now, with that said, 99% of the public listens to music as a background off of iPods and everything else, but that's by far the worst sound quality. But, it's also the most convenient -- and convenience sells," he said.

Rainbo Records, which has been pressing vinyl LPs since 1955, doubled its production from 2006 to 2007 and more than doubled record output this past year. The company currently presses 25,000 albums a day; that's up from a low of about 6,000 to 8,000 a day in the late 1980s through the late 1990s when CDs were in their heyday. Since then, there's been a steady increase in vinyl production. Surprisingly, Sheldon doesn't attribute that rise to Gen Xers or even Baby Boomers, but to 13- to 24-year-olds rediscovering the aesthetic value of record collections.

"They were brought up on virtual everything. Their games were on the computer or on the TV. Their music was in a box," he said. "I think they also do recognize the difference in sound, but I think holding that 12-by-12 piece of art and holding that record in their hand is creating the buzz."

While you might think Sheldon has an ax to grind against modern forms of music recording, he doesn't. His company also produces CDs -- to the tune of 75,000 a day.

Over the past 30 years, the number of companies manufacturing LPs has dwindled, Sheldon said. But production remained relatively steady for those companies that remained in business, kept afloat by the aficionados who swear by vinyl's sound quality.

Josh Bizar, sales director for Chicago-based MusicDirect, an online supplier of turntables, needles and record cleaners, said Nielson is likely under-reporting record sales because many online and independent retail shops aren't counted.

MusicDirect opened 20 years ago, as the CD market exploded, targeting sophisticated audiophiles, Bizar said. In each of the past five years, it has seen a 200% increase in record sales and now ships between two million and three million albums annually.

LPs have made enough of a comeback that online retail sites such as Amazon.com have recently created pages dedicated to the sales of vinyl records (Amazon.com Vinyl Records: New and Used LPs, 180 Gram Vinyl: Rock, Alternative Rock, Jazz, Dance, DJ, and more).

SoundStageDirect.com, an online vinyl records store based in Doylestown, Penn., has experienced a 49% increase in sales from 2007 to 2008, selling 55,000 records over the past year, according to owner Seth Frank. Frank, 42, said he first worked in a record store at age 10. After college, he took a "suit" job, but hated it. So five years ago, he decided to go back to his first love, selling records.

"Records just sound better. They have that warmth to them - that analog-warm sound. A record reproduces music, a CD transforms it into zeros and ones," Frank said. "Digital to me is a harsher sound. When I put a CD on, it's the sound track of the day. It's background music. When I want to listen to music, then I listen to a record."

According to Frank, the music industry is responding vigorously to increased demand for vinyl and labels representing artists such as Nirvana, Van Morrison, Cream, Guns 'N Roses and Metallica have all recently put out new releases or re-released classic albums on new vinyl.

"Motley Crue just released all their albums in vinyl and I can't keep them on the shelves," Frank said. "Some artists who want to promote vinyl are also putting their extra tracks on them instead of CDs."

Duncan Browne, chief operating officer of the Brighton, Mass.-based Newbury Comics, a brick-and-mortar retail chain with 28 stores in five states, said his company has expanded shelf space for records over the past year in order to accommodate a more than 35% increase to date in vinyl sales to "younger people".

"I think it's a novelty thing, by and large. I think it's a faddish thing," he said. "It seems like something cool. It's a differentiator and it also gets into the DJ culture."

Browne said he doesn't expect the uptick in record sales to continue, but it will leave behind a new, younger audience of audiophiles, similar to the stalwarts who never gave up on the medium during the rise of CDs and MP3s.

Dan Phipps, manager of the Newbury Comics store in Natick, Mass., said most of his record customers are teenagers dissatisfied with purchasing music online; They want the artwork that comes with an album cover as well as large liner notes and other extras.

He said the biggest genres of music he sells are classic rock, pop or new hip-hop albums.

It's not just the vinyl that's selling. Phipps pointed to a large stack of boxes containing turntables that have been upgraded with USB ports that can be used to transfer LP music to digital mediums. Today's turntables are a pricier, however, than they used to be. A Thoren's turntable (Thorens Turntable: TD2030) can run as much as $6,200. Even pricier models from Clearaudio (Clearaudio Statement Turntable, Clearaudio Statement Turntable. 800-229-0644) run as high as $150,000. But take heart, a simple Sony , Panasonic or Stanton turntable (Stanton T.50X Turntable. 800-229-0644 Stanton T.50X Turntable.) can still be bought for a little more than $100.

According to MusicDirect's Bizar, a decent player should now cost about $350. For that, you'll have a turntable for life, he said.

Audiophiles who haven't listened to an LP lately will likely find that the quality of sound on today's albums surpasses that of the old-school vinyl of the 20th century, according to Bizar and others.

In the 1980s, companies pressed vinyl into records weighing 120 grams. Today, records are thicker, weighing in at 180 grams -- and they're recorded with more sophisticated electronic equipment, Bizar said.

"Look. It would take me 2 minutes to play you a CD on a 3,000 CD player and then play the same music using vinyl on $500 turntable and you will choose the vinyl every time. I'm not an audiophile, but 100% of time, I choose vinyl," he said.
 
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Good eye Opener and hope this has reached to our Record manufacturers like HMV(SaReGaMa), Music India(Polydor), T Series, Echo, Tips, INRECO ,CBS, BMG,Magnasound etc and keep us more happier and satisfied and book their profits too by reopening Vinyl sales.
Regards
Srinivas.

Came across an interesting article today. Seems sale of CDs is going down and the sale of Vinyls is going up!

Vinyl Revival? Records Move on CDs in 2008 - PC World

Here is a full extract who are lazy to click on the link.
 
Thanks for the article Venkat. Very interesting read. I found the initial part a bit contradictory esp. the comparison between CD/MP3 sales and records.

The bridge between convenience/cost/realiability and music quality (as from LPs) is hard to bridge and there will always be two schools of hobbyists. Also the LP sales do not hit the numbers like other media such as in millions. The highest sales lately is well below 50,000 (Bob Dylan's reissue of Blood on Tracks).
 
Hai all HiFi Vision members,
We all must thank Venkatcr for giving such a wonderful information on revival of those forgotton vinyls. Now I will unpack my darling Technics Direct Drive Turntable and huge collection of Vinyls which had seen the dawn almost 25 years back. Infact a year back when I wanted to sell my Turn Table and Vinyls(due to extreame pressure from my Wife) many had fixed price for them at just Rs.1000/- and I was firm in not parting these treasures.The warmth and crispness of analog Vinyls cannot be matched by present day digital sounds of Cds and MP3s. I am now eagerly awaiting for HMV(owned by RPG Group), Polydor etc to announce their plans to reintroduce VINYLS in the near future. More than that it is great Seniors like Venkatcr who will keep us informed about latest developments taking place in music world regarding rebirth of Those wonderful VINYLS.
 
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Thanks for the article Venkat. Very interesting read. I found the initial part a bit contradictory esp. the comparison between CD/MP3 sales and records. The bridge between convenience/cost/realiability and music quality (as from LPs) is hard to bridge and there will always be two schools of hobbyists. Also the LP sales do not hit the numbers like other media such as in millions. The highest sales lately is well below 50,000 (Bob Dylan's reissue of Blood on Tracks).

I agree. Compared 300 odd million for CDs and 30 odd million for MP3, 1.8 million for Vinyls is very minute. Add to that is the market trend among audiophiles to rip their CDs into lossless formats, and the convenience of a computer based music player. And of course, the near perpetuity of such formats compared to the degradation of LPs over use.

I don't think any of the Indian companies will ever re-introduce LPs into the market. The numbers are just too small for them to even worry about. I am also surprised by a large number of educated people who could not care less whether they heard a MP3, a CD or any other format. This forces companies such as SaReGaMa to introduce music in MP3. For most people in Indian music is somewhat of a background activity. This is done when you are talking, eating, travelling. How can you listen to music seriously in such noisy environments?

But what gladdened my heart is the resurgence of Vinyls and the availability of record players from 100 odd dollars onwards. For those of us who take music seriously, we can look forward to having a collection, however small, of songs that we love in analogue format and enjoy them on our system.

I would love to have LPs of Beatles, Neil Diamond, Carpenters and a host of such singers in Vinyl format.

Happy listening.

Cheers
 
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