The retailer has only secured permission to sell 500 albums in this new combined format, including releases from the likes of Sub Pop and Matador, but the scheme has seen Insound’s vinyl sales double in the last 18 months, the report claims.
Artist Daniel Edlen loves music and developed an obsession with painting portraits of artists using the vinyl they released.
We glanced at this last month when it was revealed that for at least one small record shop, vinyl sales climbed 70 per cent year-on-year.
Read between the lines of just about any of the quarterly sales figures from the large music industry associations and you’ll see a little blip in vinyl sales – and this hasn’t gone unnoticed, prompting the Wall Street Journal to take a look at the trend.
All the growth in music sales right now is about digital, right? And ringtones, new business models and the rest, OK? No. Not right. See, there’s a quietly bubbling third strand to industry growth, and it’s found in the increasing popularity of vinyl.
“There’s a huge resurgence in vinyl,” Mike Dreese, CEO of the Newbury Comics chain said. “We sold 600 to 800 in the last two months.” Dreese added that the company expects this year to yield vinyl sales of $1.5 million, up 70% from last year. In June, Newbury the company admitted monthly vinyl revenues of approximately $100,000.
EMI has launched a retro-campaign – releasing eight hand-picked classic albums from the Capitol back catalogue on vinyl, while noting the back story that vinyl sales have increased by over 80 per cent in the US in the past year.
On August 19, Capitol/EMI will launch eight classic titles “From The Capitol Vaults,” all of which were previously out-of-print on vinyl. Six of the newly remastered, limited edition albums are presented on 180-gram LPs, while two albums initially released as double 10” 140-gram LPs will be reissued in their original configuration. All of the “From The Capitol Vaults” vinyl packages feature carefully replicated artwork and packaging true to their original single or gatefold jacket LP releases.
Included in the “From The Capitol Vaults” vinyl launch are A Perfect Circle’s Mer de Noms, Coldplay’s Parachutes and A Rush Of Blood To The Head, Radiohead’s OK Computer, Kid A (two 10” 140-gram LPs), Amnesiac (two 10” 140-gram LPs), and Hail To The Thief, and Steve Miller Band’s Greatest Hits 1974-78.
Additional “From The Capitol Vaults” vinyl titles will soon be announced.