KXIP vs KKR Live Score

Though used records account for 70% of vinyl sales at Lawson HMV Entertainment, the Lawson unit is apparently seeing stronger demand for new releases from popular artists as well.

The move has been made by Sony Music Entertainment Japan (SMEJ) in Tokyo, which operates independently of its New York-based sister company.

Orders will also be accepted from outside record labels.

Agence France-Presse reported that Sony produced almost 200 million records per year in the 1970s, and Nikkei said Japan's sole record maker, Toyokasei, often can not keep up with current demand.

The surge in popularity of vinyl has been widely reported in recent years, with the format attracting older, nostalgic buyers as well as younger people.

Panasonic relaunched its legendary Technics SL-1200 turntable several years ago as the market picked up.

Sony is now scrambling to find older engineers familiar with how to make records, it added.

Nielsen Music estimated more than 13 million vinyl records were sold in the U.S.in 2016, and AFP cited estimates from Deloitte consulting firm in reporting global vinyl revenue is expected to top $1 billion in 2017.

Past year the United Kingdom, vinyl records generated more revenue than advertising-backed tiers of streaming platforms.

Spokesman Gennaro Costaldo said: 'If you listen to digital recordings, it can feel like something's missing.


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