The Future of What - Episode 55

Record stores have long been an integral part of the music industry -- not only as a place to purchase albums, but as a symbolic gathering space for music fans. While the development of MP3s, streaming and other digital technology has disrupted music retailers, some contend that the vinyl resurgence has all but made up for lost revenue. Yet, with countless popular and iconic record stores closing, it’s clear there’s more to the issue. Josh Madell, co-owner of New York’s recently closed Other Music explains the value of your local record store and what the future might look like for other retailers. Ken Cheppaikode, owner of Green Noise Records in Portland, OR, also gives his take on what it takes to survive in the record business. We’re then joined by Chad Dahlstrom, COO of online of online music database and marketplace Discogs. Sales & Label Strategy Director at Redeye Worldwide, Jason Taylor, describes how distribution has had to adjust to trends in music retail.