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 Post subject: Visual of Dying Record Industry
PostPosted: Fri Feb 18, 2011 4:48 pm 
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frostingspoon
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We all know 1987 was a great year for music, so maybe getting back to that level would be a good thing.

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 Post subject: Re: Visual of Dying Record Industry
PostPosted: Fri Feb 18, 2011 4:54 pm 
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Gayford R. Tincture

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Huh, there was really just kind of a ridiculous boom/bubble for a little while?

Where's that supposed rise in vinyl sales?


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 Post subject: Re: Visual of Dying Record Industry
PostPosted: Fri Feb 18, 2011 5:04 pm 
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Failed Reunion

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Drinky Wrote:
Huh, there was really just kind of a ridiculous boom/bubble for a little while?

Where's that supposed rise in vinyl sales?


You probably know this and were just being rhetorical but it needs stating that the oft-touted "huge" increases in vinyl sales are relative to previous vinyl sales, and double of "next to nothing" weighs out to "not much of anything".

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 Post subject: Re: Visual of Dying Record Industry
PostPosted: Fri Feb 18, 2011 5:11 pm 
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Gayford R. Tincture

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I know but certain people are always touting the "resurgence of vinyl", and I think this graph shows just what that amounts to.

I mean, unfortunately. I like vinyl. (Sucks to move it, though.)


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 Post subject: Re: Visual of Dying Record Industry
PostPosted: Fri Feb 18, 2011 5:23 pm 
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Natural Harvester
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this is dated information, and it does not reflect the rise in vinyl sales.

From RS: "Though overall album sales dropped 13 percent in 2010, sales of vinyl increased by 14 percent over the previous year, with around 2.8 million units sold. This is a new record for vinyl sales since 1991, when the format had all but disappeared in the wake of the CD boom, according to a report released yesterday by Nielsen SoundScan."

2.8 million units is not next to nothing. Get real.


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 Post subject: Re: Visual of Dying Record Industry
PostPosted: Fri Feb 18, 2011 5:27 pm 
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Gayford R. Tincture

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That still wouldn't register on this graph because those numbers on the lefthand side represent billions, not millions.

Actually 2.8 million units spread across all the different albums that were sold last year, from new releases to new pressings of classic stuff, the world over, that's really not a whole lot.


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 Post subject: Re: Visual of Dying Record Industry
PostPosted: Fri Feb 18, 2011 5:34 pm 
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frostingspoon
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But the billions is $$, not units. The key is to determine the cost of 2.8 million units.

When is the 8-track going to make a come back?


Last edited by timmyjoe42 on Fri Feb 18, 2011 5:36 pm, edited 1 time in total.

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 Post subject: Re: Visual of Dying Record Industry
PostPosted: Fri Feb 18, 2011 5:35 pm 
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Natural Harvester
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for a format that was labeled dead, 2.8 million units is a lot.


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 Post subject: Re: Visual of Dying Record Industry
PostPosted: Fri Feb 18, 2011 5:40 pm 
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Gayford R. Tincture

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timmyjoe42 Wrote:
But the billions is $$, not units. The key is to determine the cost of 2.8 million units.


Right. Well, I'd guess it's around $40 million or so. Which does get closer to making a blip on that graph but is still pretty far off.


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 Post subject: Re: Visual of Dying Record Industry
PostPosted: Fri Feb 18, 2011 6:20 pm 
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Indie Debut
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If those are billions on the Y-axis, 40 million is 0.04. That wouldn't be visible on that graph without a microscope.

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 Post subject: Re: Visual of Dying Record Industry
PostPosted: Mon Feb 21, 2011 11:33 am 
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Go Platinum
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probably not inflation adjusted? one thing you get from this graph is the need to price CDs more reasonably to compete with the digital market, whereas you used to have to spend 17.98 on a new CD, now there are plenty for 7.99-9.99, etc.


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