well they'd need to show the figures for the last few years also. Then using the previous years as trends in sales we could test to see if this fluctuation occured purely by chance.
eitherway, Im still buying vinyl.
Oct-27-2004 20:12
placebo
501xx
Registered: Jun 2003
Location: Somewhere
I, personally, would like to see more CD singles too.
___________________
"We did not choose to become robots. There was an accident in our studio. We were working on our sampler, and at exactly 9:09 a.m. on September 9, 1999, it exploded. When we regained consciousness, we discovered that we had become robots."
Oct-27-2004 20:44
Cataclysmic
Senior tranceaddict
Registered: Dec 2003
Location: Toronto
^^^^^
Good call!! It would be nice to get some CD singles alongside vinyl in the record shops. Some nice artwork for the disc would be killer!
Oct-27-2004 21:03
idoru
You Can Call Me Al
Registered: May 2004
Location: Cascadia
quote:
Originally posted by torontotrance
I think it is nice to hear but I don't believe the RIAA figures and I believe they doctor them somehow. 1.6% increase...ahaha...and what is this based on? figures from all the big labels or all the small ones as well or just America?
I don't, either. I'm not going to put on my sizeably-large "Anti-RIAA" cap right now, but I will mention that plenty of studies have been done by private groups to contradict the RIAA hundreds of times over, and that record sales are actually climbing.
Oct-27-2004 21:22
tu_face
No Known Cure...
Registered: Oct 2000
Location: Sheffield, UK
quote:
Originally posted by Perfect_Cheezit
i really havent seen that many
did you know that there are more people buying turntables than electric guitars now? is it a surprise that vinyl sales are up?
i still wouldn't trust those figures. they are probably only US based, and thus do not reflect the trend over the rest of the world in any way.
either way, i am doing my bit to increase vinyl sales, and my wallet aches because of it
___________________
MUGGETS
Oct-27-2004 21:30
Dave Piazza
The Elitist
Registered: Jun 2004
Location: Chicago
I am not sure if they used a revenue number to estimate growth. If so is this number the 'real' % growth number ( you economic majors know what Im talking about ). If it includes price inflation this only shows a flat growth rate given that inflation is was roughly 1- 2% in vinyl records this past year.
Let me explain this to you non-economist out there
If I sell one record in 2003 for $10 I record a sales revenue of $10.
If I sell one record in 2004 for $11 I record a sales revenue of $11.
Have the actual sales gone up? No.
Has the price and as a result the reveneue gone up? Yes
As someone who used to have one of the stores in Houston, there is no way this can be true. One record store closed, and 2 more are about to close. This leaves Houston, the 4th largest city in the nation, with nothing.
Nemesis Music one of the distributors that stores purchase from already had to close their San Francisco shop, and is now downsizing their New York operation because they aren't selling anything.
Stop downloading, and start buying records folks.
Oct-27-2004 21:50
sleepydragon
Supreme tranceaddict
Registered: Oct 2003
Location: doncaster, england
i read on a web site awhile back that vinyl sales r up cant remember where it was though
Originally posted by torontotrance
It is like in business, they say we made .04 a share profit but you wonder what was the net profit or total revenues first. .04 a share seems pretty damn good but what if the company has 35,000 shares, that awful but it they have 35,000,000, that is a different story.
Dividends can only be paid out of Retained Profits (ie PROFIT!) by law, so they would obviously have to have a big enough profit in the first place to be able to afford to pay that dividend.
[/Accounting 1A]
Oct-27-2004 23:27
töbias
Supreme tranceaddict
Registered: Sep 2004
Location: Melbourne.
quote:
Originally posted by BChandler
As someone who used to have one of the stores in Houston, there is no way this can be true. One record store closed, and 2 more are about to close. This leaves Houston, the 4th largest city in the nation, with nothing.
Nemesis Music one of the distributors that stores purchase from already had to close their San Francisco shop, and is now downsizing their New York operation because they aren't selling anything.
Stop downloading, and start buying records folks.
This is quite sad.
Are people just not buying records anymore?
___________________
"The first stage of the great adventure has concluded happily, and here I am installed in Mexico, although I have no idea about the future" Che Guevara
Oct-27-2004 23:34
beats and beeps
Guest
Registered: Not Yet
Location:
Its all due to the "LOOK MUMMY IM A DJ!!!" trend.
Oct-28-2004 00:02
töbias
Supreme tranceaddict
Registered: Sep 2004
Location: Melbourne.
quote:
Originally posted by beats and beeps
Its all due to the "LOOK MUMMY IM A DJ!!!" trend.
Which is a really, really good thing.
The more the better.
___________________
"The first stage of the great adventure has concluded happily, and here I am installed in Mexico, although I have no idea about the future" Che Guevara