Gen Z Is Fueling a Cassette Tape Comeback
Cassette tapes are getting a boost from an unexpected source — Gen-Z.
Cassettes remain an important format for mainstream acts as well. In its first week of sales, Taylor Swift’s The Tortured Poets Department sold 1.64 million physical units, according to Billboard: 759,500 CDs, 859,000 vinyl LPs and about 21,500 cassettes.
No matter how modest, physical units still weigh heavily in how the music industry generates charts. During a conference in the UK, Dave Rowntree, the drummer for Blur, said the band’s 2023 album, The Ballad of Darren, sold 3,000 cassettes in its first week, against “tens of millions of streams on Spotify alone—but the cassette sales had a bigger impact on our chart position.”
Read more: https://www.bloomberg.com/news/articles/2024-05-17/gen-z-is-fueling-a-cassette-tape-comeback-in-2024?utm_source=twitter&utm_medium=social&cmpid=socialflow-twitter-business&utm_campaign=socialflow-organic&utm_content=business
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Видео Gen Z Is Fueling a Cassette Tape Comeback канала Bloomberg Quicktake
Cassettes remain an important format for mainstream acts as well. In its first week of sales, Taylor Swift’s The Tortured Poets Department sold 1.64 million physical units, according to Billboard: 759,500 CDs, 859,000 vinyl LPs and about 21,500 cassettes.
No matter how modest, physical units still weigh heavily in how the music industry generates charts. During a conference in the UK, Dave Rowntree, the drummer for Blur, said the band’s 2023 album, The Ballad of Darren, sold 3,000 cassettes in its first week, against “tens of millions of streams on Spotify alone—but the cassette sales had a bigger impact on our chart position.”
Read more: https://www.bloomberg.com/news/articles/2024-05-17/gen-z-is-fueling-a-cassette-tape-comeback-in-2024?utm_source=twitter&utm_medium=social&cmpid=socialflow-twitter-business&utm_campaign=socialflow-organic&utm_content=business
--------
Subscribe to our YouTube channel: https://trib.al/KM4k5RA
Subscribe to Bloomberg Originals: https://trib.al/dJv9Uw8
Bloomberg Quicktake brings you global social video spanning business, technology, politics and culture. Make sense of the stories changing your business and your world.
Connect with us on…
YouTube: https://www.youtube.com/user/Bloomberg
Breaking News on YouTube: https://www.youtube.com/@BloombergQuicktakeNow
Видео Gen Z Is Fueling a Cassette Tape Comeback канала Bloomberg Quicktake
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