Here in Canada, according to Nielsen Music’s 2017 year-end report, 804,000 vinyl records were sold last year, jumping 21.8 per cent from the 660,000 moved in 2016. Even $35 as a “cheaper” vinyl alternative would have seemed obscene just a few years ago. People are, I think, being pickier in what vinyl they buy now because of that. It is an imperfect pricing structure and certainly one that would benefit from multiple vinyl releases at multiple price points for different fans with different desires.”Warnings that price hikes could burst the vinyl “bubble” have been coming for some time. “All for a product geared at a relatively small segment of consumers who will pay for a commodity, music, that’s generally available for less — or even, legally, for free — in other formats.

Source: thestar February 10, 2018 00:00 UTC