Vinyl Album Sales at Indie Record Stores: A Detailed Revenue Breakdown
Here's a clear breakdown of vinyl album sales revenue distribution at independent record stores, based on data from Colemine Records for Kelly Finnigan's "A Lover Was Born" album.
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Revenue Distribution for a $24 Vinyl Album:
-
Record Store: $8.49 (35%)
- Covers credit card fees and shipping costs
- Example store: Culture Clash Records (Toledo, Ohio)
-
Distributor: $3.10 (13%)
- In this case: Secretly Distribution
- Less credit card processing fees
-
Manufacturer: $6.03 (25%)
- Example: Gotta Groove Records (Cleveland)
-
Label & Artist: $6.37 (27%)
- Split equally between Colemine Records and Kelly Finnigan
- Approximately $3.19 each
Streaming Comparison: To match the profit from one vinyl sale, an artist would need continuous streaming on Spotify for approximately 4.5 days.
Benefits of Vinyl Purchases:
- Supports four independent businesses and one artist
- Contributes to the broader music ecosystem
- Provides higher compensation than streaming
- Creates sustainable revenue for all parties involved
Note: These figures may vary based on factors such as manufacturing volume, store pricing, and distribution agreements.
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