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Metallica Is Selling so Many Vinyl Records It Bought Its Own Factory:
Despite technology bringing new recording media formats and improved compression algorithms, there is certainly a growing demand for vinyl again despite its death being announced several times over recent decades.
Metallica has bought a majority stake in Furnace Record Pressing, one of the biggest and most important vinyl records companies in the U.S. If anyone had any doubts about the growth of the vinyl sales, which last year outpaced CD sales for the first time since 1987, Metallica's new purchase just gave them a very loud reminder that what's old is new again.
Vinyl records are experiencing a renaissance among music lovers. Although Metallica hasn't released a new album since Hardwired...To Self-Destruct in 2016, it sold more than 387,000 vinyl albums in 2022, according to data from Billboard. That year, it ranked sixth on the list of most albums sold in the U.S., topping the 337,000 albums it sold in 2021. The price Metallica paid for Furnace was not disclosed; members of the band will now sit on Furnace's board.
Metallica is expected to release its first album in seven years sometime over the next few weeks, setting the stage for the band to sell to many, many more vinyl records in 2023.
(Score: 2) by fliptop on Thursday March 23, @12:06AM
That's not entirely true, I have about 400 vinyl albums in my collection and enjoy listening to them frequently. Every time I go to the flea market I look through all collections being sold to see if there's anything worthwhile to add to my library. I ripped all my CDs years ago and haven't bought a CD in a very long time.
To be oneself, and unafraid whether right or wrong, is more admirable than the easy cowardice of surrender to conformity