Music Industry News

Walmart Sells Out of Morgan Wallen ‘Dangerous’ Double Vinyl LP Albums (Price: $34)

Walmart photo by JJBers Public (CC by SA 4.0) Walmart has now exhausted its entire supply of Morgan Wallen Dangerous double-vinyl LPs — with each carrying a $34 price tag. Morgan Wallen’s unexpected sales surge is spreading into some unexpected formats. That includes vinyl LPs, a format that typically produce the highest financial returns for […]

Music Industry News

Vinyl Record Sales Reach Their Highest Levels Since 1991

Photo Credit: Jace & Afsoon Vinyl record sales reached their highest levels since 1991 during the week following Black Friday, according to newly released figures from Nielsen/MRC Data. Between Friday, November 27th, and Thursday, December 3rd, vinyl record sales experienced a 56 percent year-over-year boost, per MRC, with customers having purchased some 1.253 million units […]

Music Industry News

Tower Records Triumphantly Returns — As an Online Store

14 years after the closure of its famed retail locations, Tower Records has triumphantly returned – once again as an online store. Tower Records officials recently confirmed the news on social media, and their all-encompassing webstore is live presently. Some 500,000 items, including merchandise (branded t-shirts, hats, stickers, etc.), CDs, vinyl records, and more, are […]

Music Industry News

Bandcamp Sales Top $20 Million During the Past Month Alone

Photo Credit: Agnieszka Kowalczyk Bandcamp sales top $20 million as the site flourishes during the pandemic. That’s mostly thanks to its commitment to supporting its artists. The online music retail platform sells .mp3 downloads, vinyl records, CDs, cassettes, and even merchandise. Bandcamp only collects a 15% revenue share from all its sales – that’s less […]

Music Industry News

Record Mart, Manhattan’s Oldest Record Store, Is Shutting Down

Record Mart owner Jesse Moskowitz. Manhattan’s oldest record store, Record Mart, is permanently closing its doors. Record Mart recently confirmed the unfortunate news on Facebook, writing: “Sad to say it is the end of era!!” Outside of that brief statement, the famed Times Square subway station record shop hasn’t addressed its closure on the internet, […]

Music Industry News

More Indie Record Stores Are Calling It Quits — Steady Sounds, Dead Media Latest

Photo Credit: Kevin laminto Although states across America are reopening their economies following lockdown measures stemming from the coronavirus crisis, many independent record stores are being forced to permanently close their doors. It’s difficult to pinpoint the precise depth of the troubling trend, but there’s no denying that indie record stores have been hit especially […]

Music Industry News

California Allows Record Stores to Reopen — With Conditions, Of Course

(photo: Clay Banks) As part of its plan to gradually lift COVID-19 restrictions, California is allowing record stores to reopen. However, government officials have laid out bolstered sanitization protocols and health-oriented guidelines for businessowners, their employees, and customers. Businessowners are directed to these measures through California’s “Resilience Roadmap” webpage. Per the entry, the state has […]

Music Industry News

Sorry, America Won’t Be Saving Your Favorite Record Store

Bleak news from Seattle’s Bop Street Records, which is now closing its doors because of COVID-19 shutdowns. The Los Angeles Lakers, a storied basketball franchise worth more than $4.4 billion, recently scored a $4.6 million ‘small business’ Paycheck Protection Loan from the federal government.  Millions were also given to Tender Greens, Shake Shack, and even […]