A funny thing happened on the way to the streaming-led future of the music business: Vinyl is booming, with annual U.S. sales up 28.7% to $626 million. It still only accounts for 5.2% of U.S. music business revenue, but that’s enough to make it the No. 1-selling format for album sales. Right now, one of the biggest problems needling the vinyl business is finding enough manufacturing capacity. Is this too good to last? The RIAA will provide some perspective on this growth, and panels will explain how the next generation is putting a new spin on an old format, and what physical stores are doing to reinvent themselves for a world where vinyl is more mainstream. Atlantic Records Group chairman & CEO Craig Kallman — who owns a million-plus collection of records himself — will also discuss the past and possible future of vinyl in a keynote interview.
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Sponsor Interview: Call It A Comeback — Vinyl’s Remarkable Resurgence