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I'm not entertain this and it's entertainment -- the business it be time to dust off those -- forty fives packed away in the basement.
It turns out the old school record is spinning back to life and may even be helping some small businesses so Fox Business -- Robert Grady is here to explain all this -- more.
Hey -- and good morning bringing back some nine great memories -- -- got the Led Zeppelin covers.
Well announces dates are a lot of fun right -- can do this with us certainly I would Dallas to -- final sales last year were up the most and at least two decades according to sound scan which tracks the data.
And he had direct revelation is helping some small businesses and generating more interest in the music industry.
And as we found out it's not just -- -- driving the sales.
Vinyl records have gotten their groove back the twelve -- left for dead a quarter century ago are once again a -- visible commodity in this digital download world we're going back to the final again because they've Fineman finalist -- more fun.
And then drew an experience final sales peaked in the Disco era that began fading as consumers jumped more portable formats a new technology from.
First cassettes and compact discs and most recently MP3.
Over the past few years though more Americans are dusting off the vinyl and putting the needle on the record.
US vinyl sales in 2011.
Jumped nearly 40%.
From the prior year there's still just a fraction of the 1977.
And the final -- shows no signs of slowing plus national chains are now selling LPs and record players.
We'll part of they have to -- projector will continue to skyrocket or album.
But one thing is your image right now I've been a Bloomberg business for the -- and make album.
-- burning furniture and her husband's home run Brooklyn photo of vinyl record pressing plant.
Since their start in 2001.
They've seen interest in final in demand for their services grew faster than they ever imagined.
And Palin is pressing the -- now it is before you know you have a very they found -- -- group.
Labels that would come to expect had been doing it for awhile.
And it now you have asserted that everyone wants to sort of make the -- Then business has doubled every year since Brooklyn but I started back in the early two thousands and -- -- five machine's Tom from refitted the first two by himself that you DIY fashion and you know it's not just via the old school bands -- that that we know from back in the day.
But -- talked to Christina reds down at -- label merge records North Carolina got bands like super -- -- arcade fire and stay as it did the younger guys are more excited about final.
Then the older artist but.
Keep in mind the price is a little bit higher and it's not because they're banking more because it costs more to put together something that has you know nice art graphics that you -- things you can play US.
And the materials.
But it makes sense though it is something about it you know you do miss it but we have some big chains of virgin records Tower Records going under recently so.
Does this help those businesses.
Well you don't talk just a good and he was in the piece there and museum of academy records here in New York he's been the -- since the late ninety's he says you know it is helping drive more traffic again but.
He does big final itself it's gonna help but there sales enough to keep their mind going out but that we did have the Indy dies stores have all -- -- -- -- they -- national record store day it's an April is -- -- fifth once they are trying to.
Team to rally the troops if you will around both final and of course CDs as well interesting Robert Gray Fox Business Network thank you welcome.
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