Vinyl City, USA: Nashville

In Tennessee, especially the Nashville area, the number of vinyl plants will rise from two to five overall this year. Through June of this year, vinyl records made $570 million in revenue, up 22 percent year-over-year. Demand hasn’t abated.

More:

“Can Tennessee Solve America’s Vinyl Shortage?” Lyndsey Havens, Billboard

US Vinyl Sales Rise 22% In First Half of 2022,” Aprol Claire Welsh, DJ Mag

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Image (“Leo’s DJ, after Da Vinci”) by Mike Licht. Download a copy here. Creative Commons license; credit Mike Licht, NotionsCapital.com

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Vinyl Sells Big

In 2021, U.S. vinyl albums outsold CDs for the first time in 30 years, even though CD sales increased, too.

According to data from the MRC and Billboard, 38.3 per cent of all album sales in the country last year were in vinyl format, accounting for over 50 per cent of all physical album sales (41.72 million sales out of a total of 82.79 million).

2021 vinyl album sales went up by  51.4 per cent to 41.72 million compared to 2020.

Vinyl is more expensive than other formats, so who’s buying LPs? The most devoted fans of artists like Adele, Taylor Swift, and Olivia Rodrigo want these large physical tokens.

More:

“Vinyl outsold CDs in the US for the first time in decades,” Scott Nover, Quartz

“As superstars cash in on vinyl LP boom, small labels and manufacturers struggle to meet demand,” Randall Roberts, Los Angeles Times

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Short Link:  https://wp.me/p6sb6-yzd

Image (“Leo’s DJ, after Da Vinci”) by Mike Licht. Download a copy here. Creative Commons license; credit Mike Licht, NotionsCapital.com

Comments are welcome if they are on-topic, substantive, concise, and not boring or obscene. Comments may be edited for clarity and length.

Vinyl Is Back. Sort Of.

“More and more people are buying vinyl; sales hit a record 6.1 million units in the U.S. last year. But as demand increases, the number of American pressing plants remains relatively fixed. No one is building new presses because, by all accounts, it would be prohibitively expensive. So the industry is limited to the dozen or so plants currently operating in the States.”

— “Wax and Wane: The Tough Realities Behind Vinyl’s Comeback,” Joel Oliphint, Pitchfork

 More:

“The music industry’s newfangled growth business: vinyl records,” John McDuling, Quartz

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Short Link: http://wp.me/p6sb6-jGp

Image (“Leo’s DJ, after Da Vinci”) by Mike Licht. Download a copy here. Creative Commons license; credit Mike Licht, NotionsCapital.com

Comments are welcome if they are on-topic, substantive, concise, and not boring or obscene. Comments may be edited for clarity and length.

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