Insound, a long-running online vinyl and audio equipment retailer founded in 1998, has announced that it will close on Mar. 31.
"Insound as a brand was obviously very well-liked, but it was a pretty small company," says a music industry source. "Three people worked there. At the end of the day, it's a vinyl and merchandise retailer, and you can surmise from that that those small online destinations that sell music, they aren't lways commercially viable. It's an unfortunate thing."