Making music collectable has never been so crucial to the faltering retail sector. The past 12 months have seen many of Ireland’s independent shops close, but a glimmer of hope remains among the remaining retailers.
“We’re seeing more and more albums and singles coming out on different formats,” says Gennaro Castaldo of HMV. “Partly this is because artists and their labels are becoming more imaginative in how they seek to connect with fans, but it’s mainly because rapid changes to digital technology are making it increasingly possible.
“Ultimately it’s always going to be about novelty and niche – designed mainly to attract press or social media coverage to help a release stand out – and the vast majority of releases will remain on CD and digital formats. But it will be interesting to see what new ideas the tech boffins come up with. A few years back, HMV stores exclusively stocked the first single to come out on a USB memory stick – by Keane – and they sold out within days. They can be highly collectible and are likely to appreciate in value.”