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"If you want to hear a song, you can almost always find it on streaming, which displaces both CDs and albums for listening," Kuge said. In other words, records look cooler than compact discs. Mara Kuge, president and founder of Superior Music Publishing said that the shift is also partially driven by aesthetics. "For some, streaming has cheapened music, and the ritual of buying and owning a record is a way to really commit to the artist and their work," Orkin said. The RIAA's 2018 year-end report said that it had fallen 34% to $698 million, the first time it had totaled less than $1 billion since 1986.ĭan Orkin, director of content at music gear marketplace Reverb, which also sells records via its site Reverb LP, said that this shift is partially a response to streaming services. At the same time, revenue from compact disc sales has steadily declined.
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According to data from eBay, a new vinyl record cost an average of $4.80 in 2007, and in 2017 it had gone up to $28.40, an increase of over 490%. While sales have gone up, prices have as well. Furthermore, there was an 18.5% year-over-year increase in sales of new vinyl from 2016 to 2017. Data provided to CNBC by eBay shows that sales of new and used vinyl have been steadily increasing over the past decade. But while the general public may not have anticipated a resurgence in LP sales, those who have been paying attention for the past few years likely aren't surprised. When the compact disc was introduced in 1982, it was billed as a technology that would render vinyl records obsolete. It showed that 80% of the of music industry's revenue comes from streaming, but it also showed that revenue from sales of vinyl records is on track to overtake that of compact discs by the year's end, should current trends continue. More comments on this from anyone who compared the two are most welcome.This past week, the Recording Industry Association of America (RIAA) released its mid-year report. I have the 1983 CD version and was recently tempted to get the 2011 remaster, but I understand, Ivandovich, that there's no need to go for that one. Many fine tunes, beautiful arrangements and one of the best productions and album-sounds of all time, as already said - it's really remarkable in this regard, so well judged, and wonderfully dynamic.
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Simply like the older stuff better, especially Wish You Were Here and Meddle.Ĭompared to The Wall, I find Final Cut to be a much better album altogether. I was always disappointed by the Wall, was right from the beginning, even if it's impressive in many ways, but for me it's too pompous and overly theatrical. It's obvious a Roger Waters Album, just like The Wall was to a large degree. Whether you like the music or not, the sound of that album is quite outstanding, especially on the first cd version (80s), uncompressed, so punchy, drum sound!I have written before, here on GS, that I adore the sound of Final Cut, I also think of it as some kind of peak. Wondering if recording engineering peaked with Pink Floyd's The Final Cut