There is a lot of over-generalization in the article, not to mention outright misinformation (the writer is obviously unaware of Chad Kassem and his trio of LP businesses, as well as those of Speakers Corner, Blue Note, Intervention, VMP, dozens of other labels doing fantastic reissues and new releases). I can’t speak to the world-wide situation, but at Portland’’s oldest record store (Music Millennium, continuously open since 1969) LP’s (everyone is calling them "vinyls", which is not just silly, but inaccurate. LP’s are NOT made of vinyl, but rather Poly Vinyl Chloride---PVC. Am I being too literal? ;-) are selling very well.
I was a customer at MM in 1976-8, when the store inventory was predominantly LP’s (remember, this was pre-CD). By the time I briefly returned to Portland (2009-10), LP’s had been relegated to the mezzanine level of the store, the entire ground floor filled with CD’s. Today the mezzanine is all LP’s---the Jazz, Blues, Gospel, Country, Folk/Bluegrass, International, and Classical genres. The ground floor is now about 2/3 LP’s---Rock, Oldies, Soul/R & B, etc. genres, the other 1/3 CD’s.
Whenever I’m in the store (I was there just this afternoon, to watch Freedy Johnson do a live performance on the mezzanine, and have him autograph my copy of his new album he was promoting. Everyone in line was buying the LP, not a single CD.) the CD aisles are almost empty, all the customers in the LP aisles. Lots of parents and their kids---and of course youngish hipsters, all flipping through the LP’s in the bins.
In addition to Freedy’s latest, I bought the new Del McCoury (the Bluegrass singer who hit the big time when he joined Bill Monroe’s band in 1963. It was The Del McCoury band whom Steve Earle did his Bluegrass album with, and then toured. One of the best live shows I’ve seen & heard; Steve and the DMB, all playing acoustic instruments and singing into one large capsule mic, at The House Of Blues in Hollywood. Fantastic!), and used albums by J.J. Cale (Troubadour, 1st pressing on Shelter Records, $20), The Secret Sisters---produced by T Bone Burnett ($10, still in plastic bag), and for $5 each albums by Larry McNeely---a former sideman to Glen Campbell, Jerry Reed, John Denver, Roger Miller, Mac Davis, and Tennessee Ernie Ford, Kate & Anna McGarrigle---produced by Joe Boyd (Carthage Records), Kinky Friedman, Cheap Trick, The Rowans (a white label promo on Asylum Records!), Gary & Randy Scruggs---Earl’s sons, and a couple of Joe Ely’s (on Hightone Records---the greatly missed out-of-business Roots music label). In addition, in the mail on their way to me are the 4-LP Bootleg Volume 17 boxset by Dylan and a dozen new releases, ordered from various online LP retailers.
You Tube is full of videos by LP buyers sharing their passion for LP’s. As the old expression goes, don’t believe everything you read.