Surprise: For The First Time Since 1986, Vinyl Is About To Outsell CDs

Vinyl records earned $224.1 million (on 8.6 million units) in the first half of 2019, closing in on the $247.9 million (on 18.6 million units) generated by CD sales. Vinyl revenue grew by 12.8% in the second half of 2018 and 12.9% in the first six months of 2019, while the revenue from CDs barely budged. If these trends hold, records will soon be generating more money than compact discs. – Rolling Stone

The Met Opera’s New “Porgy”: Restoring An American Masterpiece

Joseph Horowitz: “The modernist view of Gershwin the gifted dilettante is no longer heard. Concomitantly, American music historians, for whom Gershwin once barely existed, have flocked to Porgy and Rhapsody in Blue. A burgeoning interest in the interwar fate of black classical music will surely promote new understandings of Gershwin as a necessary interloper between “classical” and “popular” genres severed by 20th-century aesthetic currents.” – American Scholar

Why Are Streaming Companies Paying Hundreds Of Millions Of Dollars For Old TV Shows?

These pricey deals for what is essentially digital reruns have, like the Seinfeld syndication deal two decades ago, raised eyebrows. Why are streaming companies willing to pay so much for shows of nostalgic value? And as numerous companies prepare to launch their own streaming services – HBO Max and Peacock, not to mention the forthcoming Apple TV+ – why bet on the appeal of legacy TV shows? – The Guardian