{"id":22117,"date":"2015-12-09T14:53:50","date_gmt":"2015-12-09T20:53:50","guid":{"rendered":"http:\/\/news.medill.northwestern.edu\/chicago\/?p=22117"},"modified":"2015-12-15T20:43:55","modified_gmt":"2015-12-16T02:43:55","slug":"vinyl-records-are-making-more-money-than-ad-supported-streaming","status":"publish","type":"post","link":"https:\/\/news.medill.northwestern.edu\/chicago\/vinyl-records-are-making-more-money-than-ad-supported-streaming\/","title":{"rendered":"Vinyl records are making more money than ad-supported streaming"},"content":{"rendered":"

By Ariana LaBarrie<\/strong><\/p>\n

Pause\u00a0the streaming! Vinyl is making a comeback.<\/p>\n

Streaming music seems to be the all the rage for music media. But the numbers tell a different story. Vinyl is making more money than the digital competition.<\/p>\n

Vinyl record sales brought in $221.8 million in revenue between January and June 2015, a 52 percent year-over-year increase, according to the Record Industry Association of America <\/a>(RIAA). Ad-supported streaming services brought in $162.7 million during that same time period, according to the September 2015 report “News and Notes on 2015 Mid-Year RIAA Shipment and Revenue Statistics.”<\/p>\n

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606 Records is located at 1808 S. Allport St. in Pilsen. <\/figcaption><\/figure>
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Artist Cody Hudson created this mural for 606 Records wall. (Ariana LaBarrie\/Medill)<\/figcaption><\/figure>
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606 Records has a wall that visitors can sign, leaving their mark. (Ariana LaBarrie\/Medill)<\/figcaption><\/figure>
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606 Records offer listening stations for customers. (Ariana LaBarrie\/Medill)<\/figcaption><\/figure>
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606 Records specializes in underground labels and world music. (Ariana LaBarrie\/Medill)<\/figcaption><\/figure>
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Pinwheel offers free Pacman arcade games to customers. (Ariana LaBarrie\/Medill)<\/figcaption><\/figure>
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Visitors who pick up the phone at Pinwheel Records will hear a new song playing every day. (Ariana LaBarrie\/Medill)<\/figcaption><\/figure>
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Pinwheel owner Scott Schaaf runs the store with girlfriend Kim Foreit. (Ariana LaBarrie\/Medill)<\/figcaption><\/figure>
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Pinwheel Records is located at 1722 W 18th St in Pilsen. (Ariana LaBarrie\/Medill)<\/figcaption><\/figure>
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Reckless Records in Wicker Park at 1379 N. Milwaukee Ave. (Ariana LaBarrie\/Medill)<\/figcaption><\/figure>
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Reckless Records opened in Chicago since 1989. (Ariana LaBarrie\/Medill)<\/figcaption><\/figure>
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Reckless Records also sells DVDs, CDs and video games. (Ariana LaBarrie\/Medill)<\/figcaption><\/figure><\/div><\/div>\n

Record labels are responding to this growing market by releasing both new and back catalog music on vinyl. Younger audiences who have never tried a turntable before crave the sound vinyl delivers.<\/p>\n

“It\u2019s a market that’s flooded right now because all of these record companies have realized that the only way for them to make money is to sell records,” said Scott Schaaf, owner of Pinwheel Records in Pilsen. “They are not making a ton of money from streaming on Spotify. The artists are certainly not making very much money with Spotify.”<\/p>\n

So vinyl has morphed from the collector\u2019s market in vintage records to new releases that provide a digital download with the classic vinyl record.<\/p>\n

And about the sound. Vinyl enthusiasts argue that vinyl sounds better than digital music, which is compressed into small files that can alter the tones.<\/p>\n

“You will hear different things. You can play [a song] on Spotify, and then we can play that same song on a vinyl record, and it will sound completely different, ” said Andrew Mitchell,\u00a0 co-owner of 606 Records in Pilsen. “I feel like the digital sounds manufactured and has piercing sound to it.”<\/p>\n

You can hear organic tones on vinyl that you also would not hear on a digital file.<\/p>\n

“For my ears it does [sound better than a download]. There is kind of a saying that analog is \u2018warmer\u2019,” said Schaaf. “I think there is something kind of romantic, you can hear that pop sometimes, especially in an older record, and even with those pops a lot of time it still sounds better to me than an mp3.”<\/p>\n

People also like the activity of putting on a record on a turntable. This is completely different than the quick “click and play” that comes with digital music.<\/p>\n

\u201cI like touching it. I like the ritual of putting it on the record player and playing it.\u201d said David Sanchez, a junior interactive art director from Pilsen.<\/p>\n

\u201cI like to think we are selling an experience,\u201d Schaaf said. \u201cIt is an experience when you pull it out of the sleeve and put it on your turntable, hit play and listen to it. It is an activity. It is fun.\u201d<\/p>\n

The physical appeal of vinyl is not limited to the record. Many people also prefer buying vinyl records in the store, even though they are readily available online.<\/p>\n

\u201cI try to buy them\u00a0in a store because I think record stores are important. There is something about browsing through records, the smell of it, and everything else. The visceral and tactile feel of being in a record store is different than being online,\u201d said gymnastics coach Charley Nelson, who was shopping at Pinwheel Records.<\/p>\n

One reason people enjoy shopping in store is because of the hunt to find a particular title, especially in the world of vintage vinyl.<\/p>\n

“We have a lot of folks that come in that are hard core collectors. They know exactly what records they are looking for, which versions,” Schaaf said. “I have had people who’ve told me that it is just not as satisfying to just make a couple of mouse clicks and having something delivered to your door. It\u2019s the hunt that is exciting for them too.”<\/p>\n

Another reason that people enjoy shopping for records is the opportunity for discovering new music.<\/p>\n

\u201cI think you are going to find stuff in the store that you would never know about, like when you go to a record store you can find stuff that you wouldn\u2019t necessarily find on your own. That is why record stores are great because people working there know a lot of music and they can show you stuff that you don\u2019t know,\u201d said college student Alejandro Zerah, who was shopping at Pinwheel Records.<\/p>\n

The social aspect of going to a record store is also appealing to consumers.<\/p>\n

“It is definitely a community vibe,” said Dave Hofer, a buyer at Reckless Records in Wicker Park. He describes record stores as a “great meeting place.”<\/p>\n

For used records, prices vary dramatically based on their condition and their rarity. On average, new records cost $10-25, according to Schaaf.<\/p>\n

According to the Nielsen 2015 Mid-Year Report, the top selling vinyl records includes both new and old releases. The top selling vinyl title for\u00a0is Taylor Swift’s “1989,”with other new records like Sam Smith’s “In The Lonely Hour” and Alabama Shakes’s “Sound and Color” making the top 10 list. Top selling record vintage records include Pink Floyd’s “Dark Side of The Moon” and Miles Davis’s “Kind of Blue.”<\/p>\n

[soundcloud url=”https:\/\/api.soundcloud.com\/tracks\/236666061″ params=”auto_play=false&hide_related=false&show_comments=true&show_user=true&show_reposts=false&visual=true” width=”100%” height=”450″ iframe=”true” \/]<\/p>\n

Interview with Pinwheel Records’ Scott Schaaf (Ariana LaBarrie\/Medill)<\/div>\n

Records store sales at Chicago area stores follow a similar trend. Newer records like Swift’s “1989” and the latest album “Star Wars” from the Chicago\u00a0band Wilco sell well. Older records, like Prince’s “Purple Rain,” Fleetwood Mac’s “Rumors,” ACDC ‘s “Back in Black,” and Paul Simon’s “Graceland” always sell well when they are in stock. Schaaf said classic rock, from The Beatles, Led Zepplin and the Rolling Stones, are always\u00a0in demand.<\/p>\n

Popular records at Reckless Records also include “1989” and anything from The Beatles. Also, records by rap duo Run the Jewels\u00a0 are popular, according to Hofer.<\/p>\n

“When people buy new albums, they tend to come with downloads of the album,” Schaaf said. \u201cSo not only can you listen on your turntable at home, you can put them on your iPhone, your phone, listen to it on the train or listen to it in your car.\u201d<\/p>\n

Photo at top: Pinwheel Records owner Scott Schaaf runs the store in Pilsen \u00a0with Kim Foreit. (Ariana LaBarrie\/Medill)<\/p>\n","protected":false},"excerpt":{"rendered":"

By Ariana LaBarrie Pause\u00a0the streaming! Vinyl is making a comeback. Streaming music seems to be the all the rage for music media. But the numbers tell a different story. 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