Metallica Buys Their Vinyl Record Making Plant
via Metallica / Youtube
For the first time since the 1980s, vinyl has outsold CDs. Is this a sign that vinyl will become the world’s favorite music medium?
The demand for albums on wax is beginning to outpace the supply for the first time in decades. Thus, musicians are starting to realize the actual earnings from selling their albums.
Jack White is essentially the only musician in the world of music who was able to own and run one of the largest independent vinyl record manufacturing facilities in America and eliminate middlemen. His record label, Third Man Records, was the first vinyl record factory to open in the city since 1965. Now, it seems that White has some competition courtesy of heavy metal gods Metallica.
The metal band has sold 902,500 vinyl albums over 620,000 shipments, with approximately half of those sales occurring in the US through their own record processing plant, according to the report made by Billboard. It is not solely owned by the band, but then Metallica has a tie-up with the plant called Furnace.
In line with this, Lars Ulrich said:
“We couldn’t be more happy to take our partnership with Furnace to the next level.”
James Hetfield added that this run has been “great to Metallica and more importantly to our fans” and with the band owning the plant, Metallica fans “will have continued access to high quality records in the future.”
Although Metallica has been working with Furnace since 2008, the plant made it clear that they won’t be tied to Metallica vinyl exclusively. The plant will still produce LPs for other artists, but the financial backing by Metallica will allow them to continue to churn out quality material.
Furnace founder and CEO Eric Astor told Billboard:
“They want to keep the quality and service the whole industry. It will give us the opportunity to invest more.”