2017.03.19
Vinyl Again
It is now at a 28 year high. Revenues from vinyl sales last year were higher than those of on-demand ad supported streaming services, such as YouTube, Vevo and Spotify’s free service, which only accounted for $385 million, according to the RIAA.
“It would seem that they are bringing the products back to create or capitalize on a nostalgia wave,” says Barbara Kraus, director of research at Parks Associates. “It also creates a new experience for people who were born during the digital age.”
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