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Harry Lavo Harry Lavo is offline
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Default Vinyl's Comeback - featured NYTimes article

"bob" wrote in message
...
On Dec 8, 2:50=A0pm, "Harry Lavo" wrote:

The Times reporter didn't say it wasn't a fad -- the ower of J&R said it
wasn't a fad. =A0Who's better to judge....you, or she who talks to and
ca=

ters
to her customers?


Check again, Harry. The sentence has neither quotes nor attribution.
It's the reporter's words.


I stand corected, Bob, thank you. In fact it was the reporters conclusion.
Whether or not she may have influenced that conclusion we don't know....but
apparently some facts did, as he said in full "Sales of vinyl albums have
been climbing steadily for several years, tromping on the notion that the
rebound was just a fad."

He might have been looking at something like the list of evidence that Scott
published here just a few days ago, which if I may quote in full, was as
follows:

"The booming trend became apparent in 2003. Nielsen SoundScan
announced that ?formats classified as ?Other? (largely vinyl, but
including a small number of DVD audio- albums) showed an increase of
more than 30 per cent in the period 2000-2003.? (Hayes 2006) That same
year The National Association of Recording Merchandisers (NARM)
reported that sales of new and used vinyl records combined had
increased by more than 300 percent since 2000, bringing in $67
million. New CDs alone brought in more than $12 billion. The
mainstream was obviously in the digital domain, but vinyl replay as a
subculture was definitely on the rise. (Manez, 2003) The owner of
independent reissue label Sundazed in New York commented: ?I don't
consider it a small niche anymore. At Sundazed, we did half a million
in sales in vinyl in 2003. That's not small potatoes. "It has become
so much more mainstream that even the lay person knows something's
going on.? (Petrick, 2004) Yet the biggest boom was still to come. 6.4
Vinyl is back in the (youth) mainstream Last year, Virgin Megastores
UK announced it would re-arrange its stores to better accommodate
vinyl records. According to the company, ?up to 70 percent of sales of
new releases are vinyl.? (Glover, 2006). In 2007, in the UK Virgin
Megastores, vinyl outsells CDs 80% to 20% for albums available on both
formats. (Lindich, 2007) Even the 7? vinyl single has returned.
According to the British Phonographic Industry (BPI), ?annual sales of
vinyl singles in the U.K. rose sixfold, accounting for 14.7 percent of
all physical singles sales in 2005, up from 12.2 percent in 2004.? Of
course this applies to customers actually coming into stores to buy
music on a physical carrier. However, Virgin Megastores UK predicts
that digital music downloads "will account for no more than 10 percent
of the overall market by 2009. The company hopes its vinyl strategy ?
will offer consumers enough added value to head off growing
competition from cut-price supermarket CD offers and internet download
services." (Glover, 2006) Also chain store HMV agrees that vinyl is
back and the company has been rapidly expanding its record racks to
meet rising demand. (Allen, 2007)"

Let's see....2003 to 2009....does that constitute a trend?