ThumbIm

  That�s right: vinyl records are about to become a billion dollar industry.  That�s the latest prediction from Deloitte, who exclusively shared their data with Digital Music News. Looks like those beard-growing, wine-sipping hipsters were on to something.  That is, a billion dollars worth of something .   According to a game-smashing prediction released this morning, sales of vinyl records are set to become a billion dollar industry.  That is, in 2017 after just seven years. Specifically, sales of records themselves will reach the $800-900 million-mark, with turntables and other accessories likely throwing things into 9-figures. +  Still a Fad? Vinyl Records Return to 1991 Sales Levels After that, who knows how big this can go.  The prediction was outlined in Deloitte�s just-issued �TMT Predictions� report.  �Music industry vinyl is expected to continue its remarkable resurgence, approaching US $1 billion globally in revenues for t...

(This is part of a series of reviews of movies showing at the Nov. 2-13 Denver Film Festival that examine aspects of business .) Film: BANG! The Bert Berns Story Singer Neil Diamond and songwriters and producers Ellie Greenwich, Bert Berns and Jeff� more Michael Ochs Archives Show times: 4:15 p.m. Thursday, 9 p.m. Saturday and 11:15 a.m. on Nov. 13 at United Artists Denver Pavilions Industry it spotlights: Music recording The story: Bert Berns was a 1960s pioneer in the music industry, producing records ranging from �Twist and Shout� to �Hang On Sloopy.� This documentary recalls both Berns� successes and challenges and focuses on his business dealings with both a cut-throat industry and with the mob. The review: Brett Berns made �BANG! The Bert Berns Story� to honor the legacy of his late father. But more than just being a biopic, the documentary is a keen look at the music industry in the 1960s � and may just be the most interesting and incisive l...

After music exports rose in 2015, trade group says politicians must take notice of economic and cultural contribution. UK Music says popular artists such as Sam Smith help raise Britain�s profile around the world. Photograph: Frazer Harrison/Getty Images The music industry has issued a plea to politicians to protect the UK�s status as one of the world�s biggest exporters of new music during negotiations to leave the EU . New figures show UK music enjoyed another strong year for exports in 2015, prompting the industry�s main trade group to warn that politicians must recognise both its contribution to the economy and its power to raise Britain�s profile around the world thanks to the popularity of artists such as Adele and Sam Smith . There was a surge in foreign sales of British music and in ticket sales to overseas residents for events in Britain in 2015, according to the umbrella group UK Music , which represents the commercial music industry, including artists, songwriters an...