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Welcome to the site

In recent years the record industry has been turned on its collective ear by the rise (and rise) of peer-to-peer file sharing.  In the wake of mp3s, massive downloads and iPods has come a shift in how folks acquire their music.  In place of picking up a CD at your local music store,  people now download from a peer-to-peer server (legally or illegally) or (hopefully) buy from the bands themselves.  Or perhaps you rip music from your own CDs or pick up one of those fancy new USB turntables and digitize your Vinyl.   The net effect of all this is that people seem to be turning away from buying new or used CDs from stores.  We’ve already seen the impact as a few major retailers have closed their doors, not only A&B here in Winnipeg but also the Sam The Record Man chain in Canada and Tower Records in the U.S.

If this seems like the death knell for CD and Record stores in general, think again.  While the CD format has taken a hit as of late, it’s not going anywhere anytime soon.  This reminds me of what happened to the LP market in the early ‘90s.  For many, the writing was on the wall for LPs as it now appears to be for CDs.   There was a widely held perception that LPs had actually disappeared, there were no new releases and some thought you’d never be able to purchase a turntable or stylus again.  For the Vinyl faithful, LPs have never gone away and now we are witnessing a modest but solid revival of the 12” and 7” Vinyl formats.  It’s far too early to write off CDs.  It continues to be the most widely held format among music collectors.  And the operative word here is Collector.  For myself, the idea of a file on my computer (or iPod) fails to get me excited.  I still see value in music as an artifact, the tangible LP or CD (or insert your own format of choice) up on the wall.  It’s about holding the item in your hand, pouring over the lyrics or sleeve notes, lending it to a friend.  And I’ll take the sound quality of either CDs or LPs to a compressed MP3 any day.

The future of music retail may not rest with the major retailers.  Corporate stores are still based on profits and paying returns to their investors.  It could be that once those profits hit a certain threshold we may see even more of these stores close.  Independent retailers such as Into The Music hold a different place in the hierarchy.  We are more connected to the independent music buyer and depend less on the sort of blockbuster marketplace that needs the biggest sellers to sell a lot of units.  The excitement around here is when the new Nick Cave comes out or a new collection of rare records hits the shelves (every Monday in our LP “New This Week” section, in fact).

So in launching our website, our main goal is to reach out locally, to connect with Winnipegers to let them know about the unique service we provide, the kind of stock we put out on a regular basis, the staff who work here and links to all things related to Record and CD collecting in the city.  Check the links section for info on all sorts of local resources, from venue websites and what’s going on in town to where to purchase tickets to shows and where to pickup a good turntable.  And don’t forget to check the staff page for all-time Top 20 lists and current faves.

In future posts, look forward to a wide ranging free for all from myself and all the staff at ITM.  We’ll rant about our favorite new releases and all-time favorites.  There will  be concert reviews, industry slagging, record industry opinion pieces and articles taken from outer web sources to see what kind of feedback and comments we can get from you.  Whatever it is, we hope you’ll join in and let us know what you think.

Posted by Greg Tonn on September 8th 2008 in ITM News, Music Industry, | Next: In the Valley of the Shadow of Box Sets

Discussion

  1. love you all’s store, if there’s ever an internship or t.rex lp around shoot me an email… peace

    Aaron on September 15th 2008 at 11:52pm #

  2. Yes indeed, there is shift in the market. I myself have just sold 4500+ titles luckily for 1000$. However there are many instances of collections not selling due to the new formats. 100k worth of titles are for sale in wayburn saskatchewan. Also the stock on gemm.com has soared. Personally I myself have been offered stores full of cd’s for sale, due to the decline in sales due to downloading. Also services like rhapsody have changed the market dramatically, when you can hear the moving sidewalks on demand right away from you ipod touch why spend years searching for the rare original. For 12$ a month no less all the music you can handle. Of course no format is ever dead. The ion usb has changed alot of peoples collections into sale items though, as well as cd’s being ripped, hence the huge amount of titles for sale right now and in the past few years. Even future shop back east doesn’t sell cd’s anymore. Anyways just 2 cents worth from a former dealer now witnessing the recorded music trade in vancouver declining in many retail locations, as well at record shows.

    Russ in Vancouver on January 12th 2009 at 4:56am #

  3. I have seen that is very interesting blog. The author have shared great information with us.

    Recycling CDs and Sell CDs, DVDs in india on July 13th 2010 at 11:05am #

  4. Thanks for sharing information about the peer-to-peer file sharing. I am very impressed after reading this article.

    Online Profile in india on August 7th 2010 at 6:43pm #

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