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As far as existing records go, I honestly don't think they are going anywhere. When you consider many older tracks or music from labels that have gone belly up, or possibly certain tracks that are only available on vinyl and no other format, you are still gonna see vinyls around because you can't get the music on anything else. Also, if you disregard the current bandwagon jumping for Ableton and cdj's, you will still have people that simply prefer vinyl and will continue to use them regardless. Ditto for scratch and hip-hop dj's as well.
I think the more important question is not when vinyls will die out, but when vinyl will stopped being used as a medium for new and future releases. If you look at it in this way, then I'll say in a good 2 years or so, vinyls will essentially be "dead" and cd's or digital downloads will be the only two formats used by the record labels. Until then, vinyls will hang around because the option to buy them is still there.
Again I just have to ask... if vinyl is/was supposed to die out, why hasn't it already and why is it that this one single format outlived all the other current media over the years?
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"...the major problem in the past was to locate the settings of the ancient plastic city. referring to our latest findings plastic city wasn't a city built of stone or metal but more kind of built out of ideas.... (PLASTIC CITY) can't be found by our archaeologists. we will have to examine the ideas and then try to re-construct plastic city in out minds..." (EXCERPT FROM "SCIENTIST REPORT NETWORK" #12.587, YEAR 2495)
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