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The Vinyl Revival – Records as a dominant music distribution format & why it matters.
In 2010, a small factory in Cleveland started pressing vinyl records. Why does that matter? Because Gotta Groove was the first new vinyl pressing facility to come out of the United States in a long, long time. ...Somehow, a group of smart, experienced people got together and decided there was money to be made pressing vinyl. What’s more, they got other people to agree and give them some money. Apparently, records are good business again. So, how did we get here? First,a quick history lesson. Records - wax and then vinyl - were the dominant medium in the recording industry for nearly a century. Record companies were blissfully cranking out 33’s, 45’s and 78’s until 1988, when, for the first time, compact discs out sold vinyl records. Vinyl never recovered. Compact discs are ...