After ceasing production a little over 25 years ago, Sony Music has decided to hop on board the hipster vinyl bandwagon and will be opening a pressing plant near Toyko, Japan in March of next year.
The moves comes as vinyl sales are growing at a steady rate. With 9.2 million records sold in 2014 and almost 12 million in 2015, it’s clear that vinyl is making a legitimate comeback. In fact, according to CNN Money, “vinyl could account for up to 18% of all physical music revenue this year”.
“Vinyl, initially, saw a resurgence as hipsters in their 20s and early 30s sought a way to differentiate their music listening. Albums were old school, filled with hisses and pops that digital music had erased.” said Fortune’s Chris Morris. “But those flaws added a depth and warmth to the music that even people who once owned extensive album collections had forgotten after years of listening to digital music”
Sony may be one of the first to take advantage of the trend, but it’s possible that others distributors could quickly join. If this happens, vinyl could be as common today as it was 30 years ago.