Vinyl Market Splinters as Premium Products Boom

  • 📰 billboard
  • ⏱ Reading Time:
  • 71 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 49%
  • Publisher: 63%

MUSIC INDUSTRY Berita

VINYL RECORDS,MUSIC MARKET,AUDIOPHILES

The vinyl record market, once dominated by rock and reissues, is diversifying with the emergence of high-end audiophile products.

Over the past dozen years, vinyl records have grown from an indie-rock subculture to a significant, established part of the music business. In the U.S. alone, vinyl sales were worth $1.4 billion in 2023, more than CDs — and as much as Latin music — and they will probably be worth more than $2 billion worldwide by 2025.As the market matures — and growth slows from spectacular to merely healthy — it’s also splintering.

A part of the business once dominated by rock and reissues now looks more like the Billboard 200, and labels are releasing different kinds of records for different buyers — low-price products for big box retail, endless color variations for pop fans and, increasingly, high-end vinyl for audiophiles. The descriptions of these products makes them sound quite impressive — as do the prices. If the new Joni Mitchell vinyl reissues just aren’t good enough for you — and they are very good — $125 will buy you Mobile Fidelity’s UD1S 180g 45RPM SuperVinyl 2LP Box Set, pressed from “analog master to DSD 256 to analog console to lathe.” That’s about five times the price of most records. Mobile Fidelity is selling a few of Mitchell’s albums in that format, plus titles by Bob Dylan, Bruce Springsteen, Van Halen and many more. It’s not the only company selling premium products, either: Analogue Productions is reissuing all the Steely Dan albums on 45rpm on UHQR vinyl for $150 each, plus putting out a treasure trove of deluxe Atlantic Records reissues to make the label’s 75th anniversary. (Both companies have been in business for some time.) The majors are doing this themselves, too. Back in 2019, Blue Note President Don Was launched, which reissues jazz records that sell for about $35. And in 2023, Rhino began releasing Rhino High Fidelity reissues of WMG albums, which it sells online for $4

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 112. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

iPhone is dominating the global premium smartphone marketAbdullah is an ardent believer in the future of VR, and can't wait to see what more it brings to the table as technology improves. He enjoys covering new software releases in the XR industry, as well as major news about hardware and companies focused on VR.
Sumber: PhoneArena - 🏆 322. / 59 Baca lebih lajut »

Mass-market, premium beauty brands outpacing luxury: LaunchmetricsIn Q3, the gap between high-end cosmetics and low-cost alternatives widened, though prestige labels are still on the rise.
Sumber: LuxuryDaily - 🏆 325. / 59 Baca lebih lajut »

10-Year Yield: Rising Market Premium Reflects Growing Reflation FearsBonds Analysis by James Picerno covering: United States 10-Year. Read James Picerno's latest article on Investing.com
Sumber: Investingcom - 🏆 450. / 53 Baca lebih lajut »