Proof That There's Money in the Vinyl Record Market

Stories like this remind me that there's a renaissance going on in the music business, and it is centered around making quality vinyl records that hipsters buy and don't listen to:

Down an industrial road in southeast Nashville, framed by yellowing, beige-box warehouses, is a building dressed in incongruous, deep-ocean-blue tiling. A burnt-orange sign above its steel-and-glass doors reads UNITED RECORD PRESSING. Inside is where the first Beatles record in America was pressed, where Wayne Newton was fĂȘted as a 16-year-old whippersnapper with an unfathomable jawline. Berry Gordy, founder of Motown, was provided an apartment there. Racist hotel owners didn't want his money.

After more than five decades, vinyl records won't be made there anymore. 

In a post yesterday on Instagram, United Record Pressing wrote: "Spending the last workday at the historic United Record Pressing roaming the rooms of Motown Suite before moving to the new facility." Historic Nashville, an organization that looks to preserve spaces exactly like United Record Pressing, called the news "shocking and sad."

United Record Pressing's operations may be moving to a new space -- in a statement to Billboard, a company spokesperson calls the company's new digs "a game-changer" -- the size of which can conservatively be estimated at two football fields, but the history of its original location is, probably, not going anywhere. Its owners write of having "every intention to honor and preserve it," and a recent push to save Nashville's classic spaces, in no small part owed to Historic Nashville's lobbying, has been successful.

If just one of the handful of remaining producers of vinyl records in Europe or North America was to go offline for a few months, the backlog in work would be huge. They're selling records like crazy all over the world. The question is--who's listening to them?