Vinyl records undoubtedly possess their own charm. They command the listener to engage completely and dismiss the new age idea of "shuffle". Vinyl enthusiasts swear by the sonic quality offered by vinyl records and leave no space for modern mastering.
After its almost thirty year hiatus from the music scene, and the takeover of CD's, online streaming and gadgets, vinyl may be making a comeback.Over the last few years the demand for vinyl music has increased and to meet this demand Sony will resume production of vinyl records from March 2019. The production will take place in Tokyo but the genres of music that will be produced are still undetermined.
Deloitte Consulting Firm, predicts that music produced on vinyl will have astounding sales of 40 million units and could generate profits up to 900 million dollars. In 2017 itself, Deloitte further states that vinyl could dominate 18 percent of all physical music revenue, which is estimated to be over five billion dollars. Forbes too has credited this claim by predicting vinyls to be the next billion dollar industry.
In 1989 Sony was forced to take their vinyl records off the rack after an aggressive surge in demand for CD's. Undeterred by this, the passion remained amongst a small minority of people and 30 years later the gift of vinyl will be rewarded to the loyalists. However, even today records are available and it has been found by Music Watch, an industry researcher, that half of vinyl record buyers are under the age of 25. Records seem to be a major trend which is picking up pace quite quickly amongst millennials. The top three records which brought in maximum sales in 2016 were "Back to Black" by Amy Winehouse, "A Charlie Brown Christmas" by Vince Guaraldi Trio and the classic "The Dark Side of the Moon" by Pink Floyd. However, the surge in vinyl sales began in 2015 with a whopping 30% credited to Adele and Taylor Swift selling 1,16,000 and 74,000 units respectively.
Vinyl records urge a slower paced life and ooze warm retro vibes which seem to have been lost in today's world. The records produce a certain nostalgia which is reminiscent for those who grew up in the 60's and 70's. The older generations regard it to be a special gesture to pass the records onto future generations and let vinyl live on as a collectible item which could travel through time. Being a great reminder of generations past and generations to come it, is a testament to the evergreen vinyl.
(With ANI inputs)