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

@wesheadley … “Vinyl records will not vanish along with the boomers. ”.

 

Well, no, vinyl will not vanish in the next ten years or so… but it will drop dramatically in twenty and be I tiny notch in thirty.

@ghdprentice

Will all wine be in screw-cap bottles in 20-30 years? 

I think sales will level off and grow based upon population like most other established markets. There will always be plenty of people that want to hold the music in their hands.

Pity how most people choose to listen to music these days. Like only eating fast food.

In 2021 turntables were the number one entertainment device sold on Amazon during the holiday season.

Not if you include gaming consoles.  That's where the youngsters spend their money.

@tomcy6 

Yes. I meant in audio devices. Games is probably its own category. 

I got back into vinyl about twelve or so years ago. I'm glad I did. 

@wesheadley… “Will all wine be in screw-cap bottles in 20-30 years?”

You know… good question. Yes. I have a wine cellar with a few hundred bottles of red wine. I am seeing better wine having screw caps. At first I was very skeptical… the long tradition… the ability of oxygen to slowly age the wine.  The technology to construct a cork. But the amount of tannins in good quality wine has been coming down over the years so that wine sold today is to be consumed in the next few years as opposed to cellared for a decade or two. I don’t see that trend ending. More and more I see real corks only used in top tier wines for connoisseurs.