reported just last month that 26% of all physical albums sold in the U.S. in 2019 were vinyl.-- founder and president of the California-based vinyl pressing plant Capsule Labs -- noted that while it is "too soon to know" how badly the plant's destruction will affect vinyl supply, he predicts the incident "will cause a hindrance in some major way" before a solution can be found.
As to how the sudden shortage might be remedied going forward, Tamazyan says that short of Apollo rebounding, it will take either a new company acquiring Apollo's intellectual property and creating a new plant or MDC expanding its operations -- though he notes that even prior to the Apollo fire, MDC was falling behind.
Also weighing in on the fire via social media was Duplication, a Canadian company that offers vinyl pressing, among other services. In a , the company wrote that the Apollo plant’s destruction is a “disaster” for the vinyl pressing industry, noting the lacquer shortage resulting from the fire could possibly result in “plants having to close or scale back operations.”
Sad news 😢
sdedition I’m glad I buy 💿CD’s 🤷🏼♀️
😢
Another plant will be built. Guarantee it. VinylWillNeverDie
MFRemillard Sad news
Sounds like a ploy to jack up prices to me...
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: WSJ - 🏆 98. / 63 Read more »
Source: latimes - 🏆 11. / 82 Read more »