First, there's the common statement : vinyl is getting bigger and bigger worldwide. In India, for instance, a country with a strong tradition of music, particularly printed on vinyl. But like everywhere else, vinyl records were replaced by cassettes (much respect for tapes) and CD's.
Today, it goes much further than the usual audience of purists, DJ's and audiophiles. It is simply replacing the other formats for a portion of consumers.
Then, you have the flaws of this phenomenon : people taking advantage of that resurgence. Sadly, you can now see new releases on vinyl with crazy price tags, as well as second hand records going for exagerated prices.
Blogger Britanny Todd explored the reasons of the increase or decrease of the value of vinyl records. Pretty interesting articles, as Todd mentions online sales, popularity gain (especially through the lens of hip hop crate digging and producing), reissuing, file-sharing etc.
I guess the offer/demand economic law applies everywhere, especially when you play on the field of passion.
Passion is a word which sticks to a guy like Elijah Wood. The actor who played Frodo Baggins is a true record collector, both on CD and vinyl. His eclectism is now legendary and could be a true inspiration for a lot of diggers. Of course, his financial means may not be a real problem, but still... Wood even released a compilation of obscure records.
Passion also applies to those music retailers who went through bad years only to be rediscovered now by young and less young people. Nick Barovsky's testimony is pretty clear : vinyl sounds better.
Others sell their collection, to make room, to make money, or simply because they lost the passion. No disrespect, it could happen to anybody.
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