Monday, November 20, 2017
ADVT 
Tech

Sony To Go Retro With Vinyl Comeback

IANS, 01 Jul, 2017
  • Sony To Go Retro With Vinyl Comeback
 
Sony, one of the world's largest record labels, is going back to its vinyl days.
 
 
According to CNN, Sony Music Entertainment said this week it will begin pressing vinyl records again, ending an almost three-decade hiatus.
 
 
A spokesperson from the label said that this move is taken to cater the "dramatic increase" in demand for vinyl music in recent years, adding, interest is coming from younger customers, who have never used records before as well as older fans.
 
 
Sony ended production of vinyl in 1989 after CDs cornered the market.
 
 
Consulting firm Deloitte forecasts the vinyl music industry will post double-digit growth in 2017 for the seventh year in a row, selling 40 million new discs and generating as much as 900 million dollars in revenue.
 
 
Vinyl could account for up to 18 percent of all physical music revenue this year, which is likely to top five billion dollars, Deloitte said in a recent report. Turntables and other vinyl-related accessories are also benefiting as a result.
 
 
Sony said it will resume vinyl production by March next year in a factory southwest of Tokyo that's run by one of its subsidiaries. It still hasn't yet decided which genres of music it will produce, according to the spokesperson.
 
 

MORE Tech ARTICLES

New Facebook Tools To Protect Indian Women's Profile Photos

New Facebook Tools To Protect Indian Women's Profile Photos

In its bid to empower women in India, Facebook has announced it is piloting new tools that will give them more control over who can download and share their profile pictures that include their faces.

New Facebook Tools To Protect Indian Women's Profile Photos

Google Poaches Indian-Origin Chip Architect MANU GULATI From Apple

Google Poaches Indian-Origin Chip Architect MANU GULATI From Apple

Google has hired Indian-origin chip architect Manu Gulati, who was working with Apple for the last eight years in a key role, to build its own chips for the upcoming Pixel phones, media reports said.

Google Poaches Indian-Origin Chip Architect MANU GULATI From Apple

JetBlue, Delta Will Test Biometric Boarding Passes

JetBlue, Delta Will Test Biometric Boarding Passes

JetBlue Airways plans to test facial-recognition check-in for a few flights beginning later this month, and Delta Air Lines plans to let some passengers board with their fingerprints instead of a boarding pass.

JetBlue, Delta Will Test Biometric Boarding Passes

Nanotechnology Team Creates Oilers Logo So Small 900 Million Fit On Top Of Puck

Nanotechnology Team Creates Oilers Logo So Small 900 Million Fit On Top Of Puck
EDMONTON — While many hockey fans go big with their pride come playoff time, researchers at the University of Alberta have gone small — really, really small.

Nanotechnology Team Creates Oilers Logo So Small 900 Million Fit On Top Of Puck