Reporting for the January issue of ProSound News, Clive Young discussed the vinyl revival, with 9 million LPs sold first 6 months of 2015 and reaching the limits of the installed base of reconditioned old presses. He noted that the vinyl revenue was higher than that generated by music streaming, some 36% greater at $221 milllion also over the past 6 months.
With backlogs lengthening, brand new and redesigned record presses are now being built at about $100,000 a throw. Jack White was quick to order eight of them to go with his new record store, Third Man Records, based in Detroit and hopes to have them up and running in late spring 2016. Just how long the vinyl revival will run we have no idea.
Martin Colloms has a passion for audio and music and has written for many of the key hi-fi magazines worldwide.