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Three vinyl nerds – Billy Fields from Warner Music Group, Dillon Smith of Noble Records and Nate Goyer of The Vinyl Guide - discuss the state of vinyl collecting in the year 2025 - trends, changes, evolution and thoughts and predictions on what's to come in the near future.
Topics Include:
Introduction of Billy Fields as vinyl expert at Warner Music Group
Dillon Smith introduced as Noble Records owner
Initial discussion of 2024 vinyl market trends
Billy mentions focus on maintaining subscriptions with Third Man Records
Discussion of discovering Lee Dorsey records through social media
Impact of online discovery versus traditional record store hunting
Dillon reflects on personal collection growth in 2024
Store inventory mix discussion: 70% used, 30% new
Dillon describes efforts to prevent burnout through regular collection buying
Changes in modern vinyl collections coming to market
Impact of overpressed modern releases on secondary market
UK vinyl market showing strongest growth internationally
Release schedule alignment with digital affecting market success
Taylor Swift's impact on vinyl sales globally
Discussion of fewer bands in current charts versus solo artists
Evolution of vinyl market since 2006-2008
Economic factors affecting entertainment spending during tough times
Local UK pressing plants helping market stability
Changes in used record collections coming to market
Impact of deceased collectors' collections entering market
Discussion of subscription service impact on used market
Original pressings versus reissues value discussion
Impact of Tone Poet series on Blue Note original prices
Quality improvements in modern pressing techniques
Availability of better playback equipment today
Discussion of collecting original pressings versus reissues
Dillon's perspective on psychopathic collector mentality
Voice of America collection acquisition mentioned
Discussion of historical pressing quantities versus modern numbers
Billy's approach to collecting versus hunting original pressings
Impact of audio system quality on listening preferences
Youth market engagement with vinyl discussion
Different collecting approaches between generations
Modern retail challenges with Target/Walmart pricing
Discussion of variant pressings and market saturation
Impact of FOMO buying on market
Sustainability in vinyl production discussion
PET vinyl alternatives being developed
Plant efficiency improvements and environmental considerations
Declining genres discussion - 1950s rock and traditional pop
Rising interest in country music records
Discussion of 90s country potential on vinyl
Garth Brooks box set marketing strategy failure
Predictions for 2025 vinyl market
Direct-to-consumer strategy concerns
Sustainability developments in record pressing
Personal collection management strategies
Discussion of recent records giving participants "goosebumps"
Discussion wrap up
Video version available on the Noble Records YouTube channel
Commercial free, high resolution verion of this podcast is available at: www.Patreon.com/VinylGuide
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About The Vinyl Guide
If you like records, just starting a collection or are an uber-nerd with a house-full of vinyl, this is the podcast for you. Nate Goyer is The Vinyl Guide and discusses all things music and record-related.