Deloitte Vinyl Records

With the addition of used vinyl discs record players and accessories global revenue from vinyl related products is expected to reach nearly 1 billion in 2017 deloitte global predicts.

Deloitte vinyl records.

Mostly from new records but also from used discs and record players it will generate globally. The records and information management group of deloitte understands this and offers a multidisciplinary approach to the governance and management of organizational records. The strength of deloitte s records and information management team is its people. Further cooling things deloitte also says that vinyl records will never be the main event.

Dttl and deloitte nse llp do not provide services to clients. Deloitte predicts that sales of vinyl records turntables and accessories will approach 1bn 800m globally this year. Of all physical music sales 6 of all recorded music revenues deloitte predicts deloitte refers to one or more of deloitte touche tohmatsu limited a uk private company limited by guarantee dttl its network of member firms and their related. The practice consists of professionals with extensive practical and consultative experience in the field of records management.

While the market for vinyl is small it is likely to remain an important niche segment for buyers ranging from millennials to older adults. The niche will consist of people of all ages from millennials enjoying the aesthetics and near artisan production of a vinyl record collectors purchasing new premium. Of this figure 90 per cent will be from new and used vinyl records with the remainder. But the slice of the pie is still a very small one with broader music.

Deloitte global foresees a steady but niche number of music fans who will remain interested in the format but does not expect this niche to expand much. Instead wax will always play second fiddle to digital which is at the start of its own mega explosion. We provide benefit to our clients by leveraging the broad multidisciplinary skills and the extensive experience of our practice to create solutions configured to help. Please see about deloitte to learn more about our global network of member firms.

Additionally some of our professionals hold the certified records manager crm designation and are prominent. Deloitte global predicts sales of vinyl records and accessories will reach an estimated 1 billion in 2017 making up about 6 percent of global music revenues. This would be the first time they ve been that high since the turn of the century. According to deloitte new vinyl records and revenue will enjoy a seventh consecutive year of double digit growth in 2017.