[knadles]

On Thursday, December 10, 2020 at 5:42:08 PM UTC-6, wrote:
On Thursday, December 10, 2020 at 5:16:25 PM UTC-6, knadles wrote:

Record stores may be a better analogy.
Vinyl record sales have been steadily increasing year after year starting
around 2010. It rebounded from $36 million in 2006 to $700 million in
2019, and in the US, 2020 unit sales are up over 17% from 2019. A large
share of vinyl purchases still happen in stores, though the virus that
shall not be named has undoubtedly slowed growth this year. So, for
the moment, the vinyl industry is viable.

In contrast to the past, most of those records are being sold through big box stores and online. Perhaps you're not old enough to remember when every town had at least one record store, and many had 3-4.

And don't get too blown away by those numbers. Total LPs sold by unit in 2019 was less than 19 million. Total number of LPs sold in 1980 was 465 million. 1980 sold 2,400% more LPs than 2019.

I'm really not sure what you're getting at, other than trying to be contrarian. If you want to believe there are many brick and mortar recording studios and it's still a dynamic, viable business model, invest in one. Maybe you'll get lucky.

Pete