Vinyl Music Gives Record Stores a Boost in a Digital World
Techlife News|April 22, 2017

Record stores have not only survived the onslaught of pirated music, digital downloads and online streaming services. They’re now growing in numbers.

Vinyl Music Gives Record Stores a Boost in a Digital World

Several hundred indie music retailers have opened in the past five years in the U.S. thanks largely to the resurgence of vinyl records, industry officials say.

“Stores are popping up in small towns. There’s enough vinyl business to support them. You have a lot of young entrepreneurs who are seeing this opportunity,” said Wes Lowe from Alliance Entertainment Corp., the nation’s largest wholesale distributor of compact discs, DVDs and vinyl record albums.

That gives music lovers something to cheer as Record Store Day celebrates its 10th anniversary Saturday in stores from Maine to California.The annual event pays homage to the neighborhood music store, the place where people have long gathered to thumb through vinyl records or cassette tapes. Back in the 1970s, every community had at least one of them, but hundreds went out of business at the onset of the digital music revolution.

The number of independent record stores leveled off at about 2,000 before growing over the past five years to a number that’s closer to 2,400, Lowe said.

The resurgence in vinyl sales is helping.

This story is from the April 22, 2017 edition of Techlife News.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

This story is from the April 22, 2017 edition of Techlife News.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

MORE STORIES FROM TECHLIFE NEWSView All
EUROPEAN UNION QUESTIONS TIKTOK ON NEW APP THAT PAYS USERS FOR WATCHING
Techlife News

EUROPEAN UNION QUESTIONS TIKTOK ON NEW APP THAT PAYS USERS FOR WATCHING

European Union regulators said this week they’re seeking details from TikTok on a new app from the video sharing platform that pays users to watch videos.

time-read
1 min  |
April 20, 2024
FACED WITH POSSIBLY PAYING FOR NEWS, GOOGLE REMOVES LINKS TO CALIFORNIA NEWS SITES FOR SOME USERS
Techlife News

FACED WITH POSSIBLY PAYING FOR NEWS, GOOGLE REMOVES LINKS TO CALIFORNIA NEWS SITES FOR SOME USERS

Google began removing California news websites from some people’s search results, a test that acted as a threat should the state Legislature pass a law requiring the search giant to pay media companies for linking to their content.

time-read
4 mins  |
April 20, 2024
UBER AND LYFT DELAY THEIR PLANS TO LEAVE MINNEAPOLIS AFTER OFFICIALS PUSH BACK DRIVER PAY PLAN
Techlife News

UBER AND LYFT DELAY THEIR PLANS TO LEAVE MINNEAPOLIS AFTER OFFICIALS PUSH BACK DRIVER PAY PLAN

The ride-hailing companies Uber and Lyft said they will delay their planned exit from Minneapolis after city officials decided to push back the start of a driver pay raise by two months.

time-read
2 mins  |
April 20, 2024
NASA IS SEEKING A FASTER AND CHEAPER WAY TO BRING MARS SAMPLES TO EARTH
Techlife News

NASA IS SEEKING A FASTER AND CHEAPER WAY TO BRING MARS SAMPLES TO EARTH

NASA’s plan to bring samples from Mars back to Earth is on hold until there’s a faster, cheaper way, space agency officials said.

time-read
2 mins  |
April 20, 2024
TESLA TO ASK SHAREHOLDERS TO REINSTATE $55 BILLION PAY PACKAGE FOR MUSK REJECTED BY DELAWARE JUDGE
Techlife News

TESLA TO ASK SHAREHOLDERS TO REINSTATE $55 BILLION PAY PACKAGE FOR MUSK REJECTED BY DELAWARE JUDGE

Tesla will ask shareholders to reinstate a compensation package for CEO Elon Musk potentially worth $55 billion that was rejected by a judge in Delaware this year and to move the electric car maker’s corporate home from Delaware to Texas.

time-read
2 mins  |
April 20, 2024
MICROSOFT INVESTS $1.5 BILLION IN AI FIRM G42, OVERSEEN BY UAE'S NATIONAL SECURITY ADVISER
Techlife News

MICROSOFT INVESTS $1.5 BILLION IN AI FIRM G42, OVERSEEN BY UAE'S NATIONAL SECURITY ADVISER

Microsoft is investing $1.5 billion in a technology firm based in the United Arab Emirates and overseen by the country’s powerful national security adviser.

time-read
1 min  |
April 20, 2024
MASSACHUSETTS OFFICIAL WARNS AI SYSTEMS SUBJECT TO CONSUMER PROTECTION, ANTI-BIAS LAWS
Techlife News

MASSACHUSETTS OFFICIAL WARNS AI SYSTEMS SUBJECT TO CONSUMER PROTECTION, ANTI-BIAS LAWS

Developers, suppliers, and users of artificial intelligence must comply with existing state consumer protection, anti-discrimination, and data privacy laws, the Massachusetts attorney general cautioned this week.

time-read
2 mins  |
April 20, 2024
AMAZON REMOVED JUST WALK OUT FROM MANY OF ITS OWN STORES BUT WANTS TO SELL THE SYSTEM TO OTHERS
Techlife News

AMAZON REMOVED JUST WALK OUT FROM MANY OF ITS OWN STORES BUT WANTS TO SELL THE SYSTEM TO OTHERS

Amazon wants the public and - especially other businesses - to know it's not giving up on its Just Walk Out technology.

time-read
3 mins  |
April 20, 2024
NISSAN SAYS IT WILL MAKE NEXT-GENERATION EV BATTERIES BY EARLY 2029
Techlife News

NISSAN SAYS IT WILL MAKE NEXT-GENERATION EV BATTERIES BY EARLY 2029

Nissan expects to mass produce electric vehicles powered by advanced next-generation batteries by early 2029, the company said this week during a media tour of an unfinished pilot plant.

time-read
1 min  |
April 20, 2024
BIDEN ADMINISTRATION AGREES TO PROVIDE $6.4 BILLION TO SAMSUNG FOR MAKING COMPUTER CHIPS IN TEXAS
Techlife News

BIDEN ADMINISTRATION AGREES TO PROVIDE $6.4 BILLION TO SAMSUNG FOR MAKING COMPUTER CHIPS IN TEXAS

The Biden administration has reached an agreement to provide up to $6.4 billion in direct funding for Samsung Electronics to develop a computer chip manufacturing and research cluster in Texas.

time-read
1 min  |
April 20, 2024