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A beautiful day for record stores

Friday, April 20, 2012 - 03:50

April 20 - Independent record stores around the world offer free gigs, exclusive merchandise and one-off releases to mark a unique part of music culture, as Joel Flynn reports.

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For many it was the first place they had Dylan Clapton or the clash. And on Saturday rental -- I will celebrate the unique parts of music culture offering free kicks exclusive merchandise and one off releases around the world. But despite the day being championed by artists such as no Gallagher and the -- The outlook for stores like sister right radicals in London does not look good. Around 70% of independent stools in the UK have closed in the last decade. And that's weekly album sales hit twelve U I -- the rest face an uncertain future. Threats to physical sales have come -- largely in the form of digital downloads. But even as the history suffers some still believe independent record -- of bottle to the industry Paul Williams is head of business analysis and recently. Increasingly. Now it's about downloads. And going on the likes -- Amazon. I'm buying doing a musical line. Arab of these independent schools well not many left a still very very important in terms of breaking offices. And they have a role to play that might be other players of the big Kong -- fulfilled. According to the international federation of the photographic industry portable music sales and 2011 -- down 3%. That's the smallest drop in sales since 2000 full. Spots in the last decade the industry has lost around 40%. Of revenue no one knows if it's ever gonna get it back. Independent stores have tried to diversify their income by concentrating on exclusive releases and in particular of final -- sales. According to former Sex Pistols frontman -- line it's the only right to listen to music. If I now run a good reason other than a -- trade this in it to music from vinyl. It may sound prehistoric. The idea the Coles set. That's that nasal scrapings through a piece of plastic. Will do wonderful. Things for your -- themselves. In the UK that they represent less than 1% of all sales final distribution has ballooned by 44%. In the last year alone. Kim Bailey is the Director General of the entertainment retailers association. She says she's. Not surprised but -- growing popularity. I think they're teaching stocking that says he is a bit what I was saying about -- being something that you can collect and touch. The second the final now quite often comes with -- so dynamic -- it's. Say even people who died until it turned tables are able to listen to that music. And that's still hold the final group in hand. Senior figures in the music industry have also taken heart from the growth of subscription based services likes falsified which of growing 33% in the last year. I FBI says the growing number of paying subscribers to these types of services have not resulted in corresponding losses in sales. Boxes can -- the -- closure all of independent stores would lead not just the fiscal gap. But also a cultural hole in the meat industry's hearts. We will knife in the music industry history that every time -- -- -- -- from the high street half -- -- sales never come back to the music industry. Even -- we have the option of Amazon or online sales. And secondly we -- -- that connection with a look to be off to this because very of from the stall with the medical records show. Before -- selling to a record label so it's very difficult for some politics to actually get that product in front of customers without racial it's. The -- -- is for many a place where that love the music was born. He can deny this -- big challenges remain box as reckless all of us congrats on Saturday. Most are not yet mourning the date the music on it to Oakland brought this.

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A beautiful day for record stores

Friday, April 20, 2012 - 03:50