Audio casettes still in use - Best year for NAC since 1969

Despite a fast progress that slowly pushes even compact discs out of use, audiocassette tapes are still alive. A cassette maker from Springfield, Missouri says it has had its best year since it opened in 1969, Bloomberg reports.
- You can characterize our operating model as stubbornness and stupidity. We were too stubborn to quit - said National Audio Company President Steve Stepp. NAC is the largest and one of the few remaining manufacturers of audiocassettes in the U.S. The profitable company produced more than 10 million tapes in 2014 and sales are up 20 percent this year. Stepp said that the thing that had probably really enlarged our business at a faster phase than anything was the retro movement. - There's the nostalgia of holding the audio cassette in your hand - he added. NAC has deals with major record labels like Sony Music Entertainment and Universal Music Group as well as a number of small contracts with indie bands, which Stepp said wanted to get that warm analog sound again.

audiocassettes

audio cassettes

National Audio Company

NAC

Steve Stepp

Sony

Universal