Vinyl sales hit a 25-year high

Deloitte expects double-digit growth in the sales of vinyl records for the seventh consecutive year, passing the $1 billion mark for the first time since the 1980s.

The professional services company expects 12-inch records to generate between 15% and 18% of all physical music sales.

According to the Entertainment Retailers Association, vinyl outsold digital downloads for the first time in December.

Consumers bought 3.2 million LPs in 2015 – a 25-year high.

John Maytham interviewed Mabu Vinyl’s Stephen Segerman.

Listen to the interview in the audio below (and/or scroll down for quotes from it).

Musica has a full vinyl section now.

Stephen Segerman, Mabu Vinyl

New vinyl is a bit pricy.

Stephen Segerman, Mabu Vinyl

The market big.

Stephen Segerman, Mabu Vinyl

It’s much more expensive to buy a vinyl record than to digitally download an album.

Stephen Segerman, Mabu Vinyl
Read More
Discovery's bank licence approval may see unhappy clients jumping ship

Discovery's bank licence approval may see unhappy clients jumping ship

Business Day's Hilary Joffe predicts that the venture will be innovative and joined to the existing Discovery Vitality card.

Smartphone multitasking can hinder varsity students ability to study - research

Smartphone multitasking can hinder varsity students ability to study - research

Stellenbosch University's Cognition and Tech Research Group Daniel Le Roux explains the effect of media multitasking on cognition.

Speculation over Mahlobo's new top energy post just weeks after Russia gas trip

Speculation over Mahlobo's new top energy post just weeks after Russia gas trip

There's speculation the Cabinet reshuffle is a tactical move to see the nuclear deal signed. Energy expert Chris Yelland explores.

Cape drought could cost agriculture sector 35 000 jobs

Cape drought could cost agriculture sector 35 000 jobs

Western Cape Agricultural MEC Alan Winde says that horticultural farmers have been the hardest hit in the local sector.

Schools Act prohibits political activities during school time, says SGB group

Schools Act prohibits political activities during school time, says SGB group

There is public debate over an image of Maritzburg College pupils carrying EFF branded T-shirts, calling for land redistribution.

Young people are driving a worldwide resurgence of vinyl LPs

Young people are driving a worldwide resurgence of vinyl LPs

Vinyl is back, and young people are leading the charge, according to Solid Gold’s Benjy Mudie.

Popular articles
Hassen Adams (he brought Burger King and Dunkin’ Donuts to SA) talks money

Hassen Adams (he brought Burger King and Dunkin’ Donuts to SA) talks money

The Money Show’s Bruce Whitfield interviews Adams about his attitude to money (hopes and fears, successes and failures, etc.).

Eusebius Opinion: "Let go Kevin Pietersen, you do not own the school"

Eusebius Opinion: "Let go Kevin Pietersen, you do not own the school"

McKaiser responds to former SA, now England cricketer Pietersen's comments over Maritzburg College pupils holding EFF t-shirts.

Twitter is gobsmacked as Nigeria honours Jacob Zuma with bronze statue and road

Twitter is gobsmacked as Nigeria honours Jacob Zuma with bronze statue and road

During Zuma's visit to Nigeria, the Governor of the Imo State in Nigeria, Mr Owelle Okorocha, conferred an Imo Merit Award on him.

Minister Lynne Brown's partner scored R1.2 million contracts with Eskom

Minister Lynne Brown's partner scored R1.2 million contracts with Eskom

Sikonathi Mantshantsha says this revelation explains why Brown was reluctant to take any action against Eskom executives.

KZN school ordered to stop action against students with EFF shirts

KZN school ordered to stop action against students with EFF shirts

A letter has been addressed to the Maritzburg College principal after an image of the boys went viral last week.

Kloof Street residents living in fear as crime multiplies

Kloof Street residents living in fear as crime multiplies

A Cape Town man was stabbed to death on Saturday while trying to assist two women who were being mugged on Kloof street.

‘I started my thriving business with R5000 (and made a profit in the 1st month)’

‘I started my thriving business with R5000 (and made a profit in the 1st month)’

After 3 years there are 3 Nic Harry stores (incl online) that sell 100 000 pairs of socks in over 20 countries around the world.