Why Is Vinyl So Expensive? Indie Music Minute
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- čas přidán 28. 08. 2019
- Vinyl is the hottest physical product out in the market, and it’s seeing strong continued growth. Fans LOVE it - their eyes light up when they see a 12” record for sale on a band’s merch table.
But vinyl is expensive to make. This stops most independent artists from releasing their music on vinyl records. That may be a mistake.
I explain why vinyl is so expensive to make, and give you some estimates of what a small run of vinyl costs and how many records you need to sell to get your money back. Check it out:
I’m pleased to let you know Disc Makers recently shortened our turn time on vinyl manufacturing to 7 weeks. (Yes, it’s still a long time, but there continues to be SO much demand for vinyl that there are long waits at every pressing plant.) And we are continuing to work on speeding up delivery times even further.
If you’re considering a vinyl project you can get an immediate custom quote here, or just call us Monday at 1-800-468-9353.
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Back in the days when new vinyl presses were still being made, records came off the press at $2 or less. Plants had dozens of lines running. Too bad so many of those were junked when the CD supposedly made the LP obsolete.
Back in the day the order quantities used to be much bigger. I remember back in the late 80's we used to sell 1000 vinyl records for $3 a piece. Today, 30 years later, 1000 records still cost between $3.20 and $4 a piece. But artists want smaller runs, and then the price goes way up.
@@tonyvv But even at a larger run doesn't it still take the same amount of time (30 seconds) to press a record? If that's the case, you are still paying for the man power albeit a longer period of time so why does the cost drop so much then?
@@chrisdunnettmusic Because the cost of lacquer masters and stampers gets spread out over 5x as many units, and the cost of jacket printing comes way down for each unit as well. At 200 units, the pressing itself is less than half the total price. You're mostly paying for set up fees and jackets. At 1000 units the setup fee stays the same, the cost per jacket goes down, AND the cost per pressing goes down slightly.
@@tonyvv ahhh yes that makes sense. Thanks
I feel vinyl price Will go down due to the fact that actual récord sails are starting to go up in diferent places
I get it, but the main reason vinyl is so expensive is that there aren't anywhere near the amount of record plants running as there were before the '90s. CDs prematurely killed off LPs. Most records stores in NYC were selling CDs in no time, making it harder to find new releases on vinyl.................. Now it's become a "premium" medium for hipsters, etc.... I'm glad I hung on to my LPs over the years, and my old Dual turntable from 1981!
Being the youngest of 6 kids I, early on, became the curator of my siblings' records as well as having an early education on vinyl life. There isn't a day I don't look at my collection and appreciate that. We're a fortunate couple of dudes, Jose :)
This is an excellent informative video and answers so many questions. Thank you!
Thanks for the info, you learn something new every day. Great stuff.
Tony, this was extremely educational and forthright! Thank a million for sharing your knowledge. Lou
If demand for vinyl has risen so much, and sales for vinyl has risen so much, why have prices remained stagnant? A report from CNBC taking data from eBay sales says that the average price of new vinyl increased something like over 400% from 2007 to 2017. Now that it's 2020, why aren't new records 13 bucks or so? If I can buy a brand new physical CD from eBay for 7.99 I think it's only fair that a new record should be $12-$15. And no, you can't use the excuse that CD sell more. Remember it's 2020. Hardly anyone buy CDs anymore. Also, a CD has more components to it's packaging. It has the outside plastic jewel case, the inside plastic shell, the booklet, and the CD itself. A vinyl record is just the vinylite and some cardboard paper.. I'm not buying the excuse from the manufacturers or labels. Sounds like corporate greed to me - and they are still treating vinyl as some expensive novelty. ( I'm not taking this out on the uploader at all! He is giving a calm and concise explanation. I'm just venting to the industry in general. - and to purchasers as well because they are being complacent instead of voicing their opinion on pricing.) Case in point - a record label in the UK recently publicly posted on their Twitter page that the prices of vinyl are ridiculous. That's cause some pressure in the Industry and prices went down in the UK. So what's up with the US?
i recently starting buying vinyl after collecting cd my whole life
I started back in November. I know have like 100 Vinyl. Old and new
hello i prefer minidiscs or cds
Very enlightening, thumbs up.
Hipsters with mommy and daddy's money driving prices up
That is definitely part of it. Companies think: "well, they seem to be willing to pay $28; let's keep it that way. That's BS. Spoiled or wealthy hipsters sometimes equate Price with Quality. Instead of using common sense and finding a record for $8, they will sometimes by the $30 record because it has a "perceived quality". Hate to come off cynical but I think one of the reasons why we're paying so much is because for lack of a better term, ignorant people don't know any better.
If vinyl was pressed as it was then prices will drop. I have bought big-name vinyls at £17 but no way would I buy a double black vinyl at £35. Many artists are pushing their prices up just for the sake of it and I'm not falling for it. What they are doing It's going ruin the market.
Absolutely, vinyl will "return to the shadows" with such outrageous prices.
$10 per bro! That is expensive, but you.re right_ vinyl is the.new thing again.😎
Vinyl really wow! I have vinyl records from the pass. Wow!
another thing that adds to the price is environmental costs.
since vinyl is often a form of pvc there is heat applied witch releases toxic and poisonous fumes that the pressing house has to pay for in the form of a license or cap and trade .
so to keep the costs down they could use a different kind of plastic that does not have toxic chemicals in it at the risk of catching fire because they also wouldnt have fire retardants either.
Scalpers are also a big part of the problem.
I remember bands complained about ticket scalping. Especially bands like the Rolling Stones and Led Zeppelin. Well what do you expect when you allow people to buy 10 to 20 tickets at once. Of course they bought them to scalp them. And we would complain too because the tickets would be sold out before you had a chance to buy, even if you were standing in line.
In the past you really didn't have to worry about that situation when it came to buying LPs. Now we do.
I started buying Led zeppelin's super deluxe box sets. I can only afford to buy one at a time with Christmas money. Now I'm stuck. I need Houses of the Holy and the price for that is obscene. I'm not doing it. And I'm not getting a used one either.
Scalping is not a factor in vinyl prices.
Thanks for the video. You explain the cost breakdown for small runs but that doesn't explain why large runs, such as Abba's new lp, cost £28 ($35?). Are they ripping us off?
There's just kind of an established pricing structure for vinyl, and $25 to $35 is the range they retail for. It just means labels with longer vinyl runs make more profit than indie artists.
I am sort of over vinyl. It is expensive and definitely doesn't sound as good as Compact Disc.
Sure, I like the nostalgia and the ritual of playing records and I will still occasionally buy an LP for those reasons. However, records are becoming ridiculously expensive now and the quality of the sound just does not warrant the over the top expense when compared with CD's.
I get that. But it's really all about the mix. Alot of artists now especially the diy punk groups master specifically for vinyl and not digital or they do both. I seem to enjoy the mixed for vinyl over cd most of the time but I enjoy both
I don't understand the price difference which can sometimes be massive between two popular artists on big labels for just a run of the mill black single pressing.
I also don't understand how I can buy a splattered limited edition press from a small independent band and label for less than say a copy of Queens greatest hits.
My mind boggles.
That's all about the margin the label/artist wants to make.
@@tonyvv
So the big labels/artists are the most greedy then
@@crazyprayingmantis5596 Well... your words, not mine. They have more layers of cost to cover, that's for sure.
@@tonyvv
I watch a CZcams channel of a record store that show all the new releases they get in and mention prices.
The last one I watched they showed a double album for $19.95 later they showed another double album and it was $29.95 they both mentioned how strange it was the price difference and had confused looks on their faces.
You can't justify that difference with 'layers of cost'.
layers of cost is a fancy way of saying many people dipping into the ice cream taking their bit
bad lighting but good info
Even cheep snake oil has to be pricey.
Vinyl is expensive because of the demand. That’s it
I mean, at retail, yes. But I was talking about the cost for an artist to manufacture vinyl.
If you have a cult following as an artist, even just a few thousand fans, you'll easily sell 200 records for $25 or even $30 a piece.
vinyl is expensive costly thanks
An MP3 file disliked this video.
Vinyl is so expensive because people are downloading and not buying cds Now they are saying lps sound better Called marketing
Why is it so expensive? You're ripping people off. I know a manufacturer that charges $2.65 for a full color label, color inner and outer sleeve, wrapped in plastic and 180 grams.
Which manufacturer is that? I'm thinking about a vinyl release for some of my own albums
Where,? And how many minimum qty,? I found one but to get 2.5 each you have to manufacture 2000 Vinyl. That is ,5.000$
L