For the past few years we've been writing about the unlikely but steady growth of vinyl records sales, even as other physical forms of music, such as CDs -- and even digital mp3s -- have been recording double digit drops in annual sales. Vinyl's 10 year reemergence now makes it responsible for over 5% of sales. It is also the most profitable per unit media for artists and record companies.
Vinyl's growth has been validated by new vinyl-focused stores like Jack Black's Third Man Records in Detroit and Nashville, and now the newest entry -- with a classic soul connection -- is Stax of Wax, which has opened in Malibu, California by Stax Records' parent company, Concord.
The Stax of Wax store will carry new releases as well as a curated collection of classic soul music.
For the past few years we've been writing about the unlikely but steady growth of vinyl records sales, even as other physical forms of music, such as CDs -- and even digital mp3s -- have been recording double digit drops in annual sales. Vinyl's 10 year reemergence now makes it responsible for over 5% of sales. It is also the most profitable per unit media for artists and record companies.
Vinyl's growth has been validated by new vinyl-focused stores like Jack Black's Third Man Records in Detroit and Nashville, and now the newest entry -- with a classic soul connection -- is Stax of Wax, which has opened in Malibu, California by Stax Records' parent company, Concord.
The Stax of Wax store will carry new releases as well as a curated collection of classic soul music.