30-years after abandoning vinyl production, Sony says it will start making records again on the back of a surging demand for the retro music format.
Vinyl has been making a global comeback as it attracts not only nostalgic older consumers but also younger generations.
By next Spring, Sony plans to churn out freshly pressed records at a factory southwest of Tokyo. The problem is – they’re having trouble finding engineers familiar with how to make vinyl records.
Consulting firm Deloitte estimates global vinyl revenue will top $1 billion this year while sales of CDs and digital downloads continue to fall.