Music growth markets

[Botch]

According to my new S&V, the RIAA reported the streaming music business made $163M the first six months of 2015, while vinyl made $222M during the same period. The vinyl business grew 52% over the entire year, versus 27% for streaming.

Since vinyl is a petroleum byproduct, could it be the low oil prices? :geek:

 

[Zing]

Since vinyl is a petroleum byproduct, could it be the low oil prices? :geek:

I say doubtful. I think it's due to the resurging interest in the medium.

I interviewed a guy today in my office who noticed the 3D sign of my album that Towen and Batman had made for me for my 50th. We started talking about the album and he said he'd buy it on vinyl because he's into vinyl again. I told him it wasn't available on vinyl. He said there are places where you can go to get anything on vinyl, even if they have to transfer it from a digital source. So if these types of places exist, I think they exist because of the product market, not because of the cost of raw materials.

 

[MakeMineVinyl]

I'd love to think the resurgence of vinyl was solely due to sound quality, but I think it has more to do with Hipsters re-discovering what their grandparents thought was cool. Have you seen some of the sorry-ass turntables from makers like Crosley that are being foisted on unsuspecting customers?

That said, I don't buy much physical media these days, but when I do, its always vinyl, and usually 45RPM versions of albums.