NPR reports that sales of vinyl records have surged since 2008 and while they are still a small part of the market, they have surged to generate 3.6% of the global revenues for music.
The company stopped producing vinyl records almost 30 years ago to focus primarily on CDs, but given that vinyl sales reportedly reached a 25-year high last year, it makes sense that Sony would consider reproducing the old music format. This time around Sony Music is back in the news, dropping some news that will certainly help bring vinyl back.
Contrary to what the children of baby boomers might believe, vinyl records are far from extinct. The company has already installed record-cutting equipment at a recording studio in Tokyo, which will cut the master copies before they're sent to the factory for mass production. Or are you enjoying spinning records for the first time after growing up in the digital realm?
Deloitte the consulting firm has forecasted that the vinyl music industry will post growth in the double digits for 2017 for the seventh consecutive year selling over 40 million new records and generating revenue of over $900 million. Turntables and other vinyl-related accessories are also benefiting as a result.
Sony Music is about to plunge itself back into the thick of the vinyl record manufacturing business, some thirty years after it abandoned the music format, according to an NRP report. They should start rolling off the production line by March next year. It still hasn't yet decided which genres of music it will produce, according to the spokeswoman.
Sony's biggest challenge is the lack of engineers experienced in making records. Vinyl sales surpassed downloads in the United Kingdom past year.
After being down for a few seconds however, Srikanth got up and breezed his way into the final, fittingly with a smash. Generally known for his attacking gameplay, Srikanth surprised the world No.4 with his patience and handsome net play.
Moulton is one of the House Democrats who has been most vocal in calling for a new generation of leadership. During her press conference on Capitol Hill Thursday, Pelosi portrayed Democratic grumbling as opportunism.
The much-derided mandate for every American to have health insurance or pay a penalty has been removed. And consumers will have less comprehensive coverage than they do now, with higher out-of-pocket costs.
Liu but to allow his wife, Liu Xia , out of house arrest ", said Mary Beth Polley , a spokeswoman for the USA embassy in Beijing . In 2008, he helped compose a petition, called " Charter 08 " and later signed by hundreds of scholars and activists.
He was captured along with South African Stephen McGowan and Dutchman Sjaak Rijke while the three were at their hotel. It is with great pleasure that I can announce that Johan Gustafsson has been released and can return to Sweden .
Fed officials last week penciled in one more rate increase this year, but left open the question of when that might occur. Bullard isn't a voter this year and doesn't support any more rate increases in 2017.
The B and C trains have been halted altogether. "People were falling", said passenger Susan Pak, of Englewood Cliffs, New Jersey. Lhota said the emergency braking system on the train triggered, but it wasn't immediately clear why.
Hector Herrera cleared on the edge of his box, sending the ball flying high down the pitch where Akinfeev simply had to meet it. Akinfeev failed to clear a bouncing ball, allowing Lozano to sneak in and score the victor seven minutes into the second half.
The second game began with an engaging baseline rally, which ended with Srikanth smashing his way to earn the first point. It was Srikanth's fourth Super Series title and the Prime Minister's Office (PMO) congratulated the ace shuttler.
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Air Force Thunderbird flips on landing in Ohio
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Malaysia beat India to enter Hockey World League semi final
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