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Vinyl Prices Have Outpaced Inflation. Are They Finally Flattening Out?
Vinyl is more expensive than ever. Are prices finally leveling out? While price growth should flatten, numerous factors could keep some prices high.
Anyone who has bought a vinyl record or a CD in recent years knows full well that physical music products aren’t exempt from the inflation that has plagued U.S. consumers. As one music distribution executive put it, those supply chain problems are “flattening out.” As a result, turnaround times have improved drastically as manufacturers worked through their pandemic-era order backlogs. Artists on record labels must pay the wholesale price for their physical goods and don’t have control over pressing and printing costs, says Paul Steele, executive partner at Triple 8 Management.
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