Common opinion generally decrees that, in the future, the majority of consumers will be moving to the cloud to obtain broader access to music. While this is almost certainly true, in the fragmented world of consumer music consumption, a ‘collector’ mentality and desire for personal ownership continue to exist amongst many music fans. The music industry needs to ensure these different needs are addressed, rather than assuming a single model will satisfy all consumers.
Vinyl records not affected by the industry downturn?
Over the last few years a pleasing story has continued to appear like clockwork in the press. Amid general doom and gloom and tales of music industry collapse, we are told, somewhat counter-intuitively, that sales of vinyl records are continuing to increase. See the chronologically listed selection of articles below for proof.[1]