Originally Posted by hazydayz:
“The truth of the matter is there is a 4-6 month back order for everyone. That means any releases you see this year will have been planned far in advance. I think one label mentioned last year how in the past if they wanted 5000 copies of a 12" single they could literally put in the order on a Friday, have them made, have them back, have them sent out to stores and they would literally be on the shelves alongside the CD version and every other single and album. I think that's one of the reasons why very few big songs get a vinyl release now because by the time the song would make it out it would probably be out of the charts and for me that is always where vinyl played a big part, I always enjoyed buying singles rather than albums.
You're right about 12 million LPs being sold in America but what a lot of people also fail to look at is what is actually being sold. Those sales figures also include digital sales and for many people including myself, when we talk about album sales, we mean CDs and vinyl records, things you can hold. I don't see why something that i can Google for free should be included just because someone decides to pay money for it. You can't hold a digital file, can't even own it, so i think if you look at physical sales and you look at how many CDs are being sold and then how many LPs are being sold that gives a more realistic outlook. People paying 99p for mp3 files on their phones really isn't or shouldn't be considered as buying a single.”
that's just your opinion though, and many would disagree with that. a sale is a sale. people have the option of getting pretty much the same, or exactly the same for absolutely nothing, but instead opt to pay for a digital file, so it's a sale. HMRC would consider it a sale and want the relevant tax
remember with music, when you buy a cd or record you aren't buying the music, you are only buying a license to play the copy of music you get with the medium. the rights holder still owns the music. digital downloads perhaps demonstrate this more than physical formats
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Unfortunately since 2007 many factories have closed just before the format took off again in 2009. What I am glad to see is that popular music and chart music is again being more popular on vinyl. The BBC's Live Lounge album on 4LPs sold out fairly quickly when it was released and is now on back order unless you buy it from marketplace sellers on Amazon and Ebay. Many singles and albums are being released exclusively from artists webstores which means labels can press what is needed. It's just a different way of delivering music now. The prices unfortunately do play a large part in it but marketplace sellers show how cheap albums can be sold. Amazon and HMV have both sold many albums over the last 6 months fairly cheap at £10 and £8.99. I do know what it costs to press albums independantly and that is if I did it, I can only imagine that when the big labels do it that it will be even cheaper, it literally costs a couple of quid for me to have an album pressed on 180 gram vinyl with full colour labels and full gatefold jacket with colour printing and high quality inserts. Obviously the catch is you need to order at least 500 copies and the more you order the less it becomes but for big labels that literally is small change. I remember back in 2008 looking into pressing plants in England and the price for a 7" single was 32p and 5p for a plain white cover or plain black cover and 12 for a cover with artwork on it and 65p for a 12" record with no more than 12 minutes of music on each side. Now the same rules applied then, minimum order was 500 copies but I think people don't really understand vinyl pricing and they don't realise that it still is very cheap to produce and there's no need, no need at all for any album to be priced more than £15. Anymore than that and it really is just being greedy.
It costs literally pennies to make records and you imagine if the prices were equal. It would cost Universal Records a couple of grand to get a decent number of singles made and then sell them online for £4-£6 each and make a nice tidy profit. Now imagine that with your average LPS today at £20-£30. They could sell literally 100 of them and make back every penny they paid out. Easy money for them. Prices should be lower.”
you aren't including the cost of making the music in your figures. an iphone may cost £32 or something to make, but they spend millions or billions in research and advertising etc that needs to be factored in, so what's why they sell at £600+
remember VAT is 20%, the retailer has the next biggest markup, you have the cost of making the record and cover and shipping and promotions by the record company, the cost of the artist of the sleeve, record company cut and money to the band
cd is cheaper to produce and ship, less manufacturing issues, so it can be sold cheaper. conversely records cost more to produce and ship, more manufacturing issues so it costs more. no-one is being forced to buy these new pressings. in most cases you can buy the cd instead. annoyingly sometimes stuff is only out on vinyl. sometimes theres a digital download so you don't need to play it, but sometimes it's not a lossless file, and sometimes there isn't even a download. in one case the download was an mp3 of a recording of the record being played on the artists dads turntable. not even a lossless file