MikeH
Well-Known Member
My worry is that distributors and labels will say “people are buying double LPs for $50 now. Why would we go back to charging less?”Yeah a double would historically have been about €27 here (so I’m guessing about £25 over there).
I’m not so surprised to be honest with the increasing costs of all the raw materials of record production, increased haulage and freight costs and the fact that demand is far outstripping supply right now.
Hopefully things will begin to come back again as the world recovers over the next few years.
VMP is not going to lower their membership costs at this point, for example. Local stores are taking less margins to try to stay competitive with bigger stores. I know Blue Note raised their prices slightly but some smaller places aren’t passing that onto customers so they just take the hit. All that combined with bad QC and everybody returning records is a bit worrisome for the state of vinyl in a few years.