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Sales of CDs Shrink As LPs Enjoy a Comeback

When the Compact Disc was introduced in 1983, most of us stored our record collections in the garage. Here's an interesting story about the resurgence of the LP.

From Business Wire: Vinyl records and turntables, once relegated to garage storage boxes are enjoying a strong resurgence according to online vinyl record seller, GEMM. “Sales of vinyl records have increased 20% since 2005,” said Roger Raffee, co-founder and company CEO. GEMM (Global E-commerce Mega Marketplace) began selling vinyl records online in 1994. Today GEMM’s consortium of sellers has over 20 million vinyl records available for sale. Considered by music aficionados to be the grandfather of online music sales, GEMM, functions purely as a marketplace where buyers and sellers transact deals for everything from classic rock albums to recordings from current indie bands. Some suggest renewed interest in album sales is driven by the dance club DJ craze. Audiophiles claim that vinyl records produce a warmer, richer sound. Whatever the case, CD sales dropped 10% in 2006 and 20% in 2007 while sales of vinyl records have increased nearly 10% a year since the late nineties. Not just classic recordings, either. Elvis Costello recently announced that his new recording, Mokofuku set for release on April 22nd will only be available on vinyl and through digital download.

If you still have your collection of LPs, here's a new way to enjoy them - transfer them to CDs with a USB turntable. I'm having a great time reviewing the Audio-Technica AT-LP2D-USB turntable and transferring some of my favorite LPs to CD. LPs don't have the wide dynamic range of a compact disc, but it's hard to beat the warm, rich sound of a good record. Check back soon to read the full review.

Tuesday April 15, 2008 | comments (3)

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