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I was once a recording artiste (not) selling upwards of 1000 copies each release , probably topped 5000 once . then in 2007 the labels decided digital was the way to go and they refused to release my last contrived work on vinyl .
i would say much of the problem is the several thousand underground labels that popped up in the last 7 or so years . they brought it back alive but they also only do small runs up to 300 . then the majors came back in and and most of the big pressing plants such as EMI had gone thanks to the majors abandoning vinyl . so they have to use smaller companies ....
i love vinyl 180gram, coloured , 7inch , 12 inch whatever it sounds great to me . the skills of the engineers has got better though the lathes are still the same , 24bit 96k optimum for cutting vinyl i believe you can't even buy a 24bit cd player , digital just sounds too harsh and some of the mastering is appallingly loud . just got 4 x 7" singles in the post this morning :) -
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everyone and his granny thinks he's a mastering engineer now , as well as djing and production they do this too .....anything for a extra few bob .
many years ago worked with john dent (fallout shelter + exchange) to master a CD album , then we mastered the vinyl at dub plates in berlin . the vinyl cut was far superior to the original CD master so we used that as the CD master too !