Compact Discs' Coup De Grace on Audio Market

The events have been already unfolded on the warring of different audio storage formats. Music CDs have been the best in making it all digital. It first emerged in the early 90's. They are still very expensive and vinyl records are quite enjoying the final curtain at that time.

Fast forward, there is now Lithium comeback on the sales of vinyl discs. This is very unbelievable because these vinyl records are once and for all considered "DEAD". But its resurrection had not been expected. CD sales had been plunging not because of the shift on Vinyl Records but due to the expedient marketing of digital paid downloading.

iPods and MP3 music players have been luring music consumers to buy digital music and the market becomes so promising and very bullish.

Vinyl records had been reaching 990,000 vinyl albums sold in 2007, up 15.4% from the 858,000 units bought in 2006. Mike Dreese, CEO of Newbury Comics, a New England chain of independent music retailers that sells LPs and CDs, says his vinyl sales were up 37% last year, and Patrick Amory, general manager of indie label Matador Records, whose artists include Cat Power and the New Pornographers, claims, "We can't keep up with the demand."

Vinyl had been the favorite physical format by indie music lovers and audiophiles. By this conviction alone and the demand it might be the final nail to Compact Disc's Coffin. Various bands are releasing their vinyl version of their albums. Big music labels are now eyeing to publish music in vinyl records.

"I'm hearing from labels and distributors that vinyl is way up," said Ian Connelly, client auto insurance rates comparison manager of independent distributor alliance IODA.

Vinyl records look promising and it might be hanging around with us.

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