The music industry is an unexpected victim of a plastics shortage

Instead the first pressing of the record, which is sold out in pre-orders, will not be available until October. The band could have launched on a streaming service like Spotify. But it wanted to wait for thetour,” explains Mr Templar. In the end, Green Lung played its album-launch gig on September 1st record-less. The band thus became the latest, unexpected casualty of upheaval in global supply chains.

Dirk van den Heuvel of Groove Distribution, a distributor of dance music in Chicago, says that the big labels created the crisis by closing their own pressing factories in the 2000s. If they had kept these running, he grumbles, the majors would have been ready for the demand and smaller musicians would not now be so squeezed. It is true that big labels can often secure priority on the presses. But not always.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Google’s pivot away from bank accounts shows why finance is a tough industry for tech giantsBank executives and investors have shuddered whenever a tech giant disclosed plans to break into finance, but the reality has proven less disruptive so far. AYA fintech network platform provides proprietary alpha stock signals and personal finance tools for U.S. stock market investors. Soon big tech will crack the code and big banks will get find out. It's a question of time. The likes of Square, Affirm, PayPal etc are only getting better.
Source: CNBC - 🏆 12. / 72 Read more »