Are music cassettes making a comeback?
Music cassettes offer nostalgia to many, but are the 'new and cute' thing for the younger generation. Are they worth investing in?
Anyone old enough to remember using a pencil to wind the magnetic film back into a chewed-up cassette tape may well wonder why anyone would want to dabble with such antiquated technology. You had to fast forward to get to the song you wanted, usually overshooting the start, and the sound quality had nothing on today’s digital offerings. But it’s precisely the sound, often described as “warm”, that appeals to older collectors, as well as a new generation for whom pencils and recorded music hold no connection. “Old guys are buying for their memories. Young people are buying to try. They think it’s trendy,” Stephen Ho, a collector from Hong Kong, tells Larry Ryan in The Guardian.
East Asia has experienced much of the boom in sales. Record shops in Tokyo have been expanding their cassette sections, “signalling a resurgence of compact analogue recording media”, says Megumi Kito on Nikkei Asia. Last September, Tower Records in the Shibuya district multiplied its stock of old and new tapes by a factor of six as sales have continued to grow in recent years.
“Cassettes seem to come across to the younger generation as ‘new and cute’ things,” Ko Takeda, who heads the cassette section, tells the paper.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Tapes are also cheaper to manufacture than vinyl LPs which is reflected in retail prices, says Matthew Kronsberg in Bloomberg Businessweek. A new vinyl record can cost $35 in the US, a tape a mere $10, but the latter still provides “a similar analogue experience”. “It may be lower fidelity, but it’s also more playful and more portable,” he says. TV series Stranger Things and the blockbuster superhero film Guardians of the Galaxy, both with their depictions of life in the 1980s, have also helped to make the decade cool.
Crucially, cassettes are also affordable to the youngest of new collectors. That’s not lost on pop superstar Taylor Swift, who counts many of them among her fans. Her latest album, The Tortured Poets Department, sold 1.64 million physical units in its first week of release in April, of which 21,500 were cassettes, according to music magazine Billboard. That’s a long way behind the 859,000 LPs that were sold, to be sure, but not bad for a format that until recently had been consigned to the attic of history.
Selling physical recordings is also a smart business move made by young musicians, who also include Billie Eilish, Kendrick Lamar and Dua Lipa. The per-click royalties musicians earn from streaming platforms such as Spotify are “infinitesimal” compared with the “far greater revenues that artists can earn from physical products”, as Ben Sisario points out in The New York Times.
In fact, such has been the take-up that new iterations of the 1980s Walkman are coming to market so that younger buyers will have something to play them on. Examples include the We Are Rewind WE-001 and the FiiO CP13. Some things really were better in the 1980s.
This article was first published in MoneyWeek's magazine. Enjoy exclusive early access to news, opinion and analysis from our team of financial experts with a MoneyWeek subscription.
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.

-
Football fans issued warning over ticket scams ahead of 2026 World CupSantander customers lost more to football scams in the first six months of 2025 compared to the same period in 2024, when total losses surged due to the Euros
-
Nationwide fined £44 million over “inadequate” anti-money laundering systemsFailings in Nationwide’s financial crime processes between October 2016 to July 2021 meant one criminal was able to deposit £26 million from fraudulent Covid furlough payments in just eight days.
-
Who is Christopher Harborne, crypto billionaire and Reform UK’s new mega-donor?Christopher Harborne came into the spotlight when it emerged he had given £9 million to Nigel Farage's Reform UK. How did he make his millions?
-
The best Christmas gifts for your loved onesWe round up the best Christmas gifts with a touch of luxury to delight, surprise and amaze family and friends this festive season
-
Leading European companies offer long-term growth prospectsOpinion Alexander Darwall, lead portfolio manager, European Opportunities Trust, picks three European companies where he'd put his money
-
How to harness the power of dividendsDividends went out of style in the pandemic. It’s great to see them back, says Rupert Hargreaves
-
Why Trustpilot is a stock to watch for exposure to the e-commerce marketTrustpilot has built a defensible position in one of the most critical areas of the internet: the infrastructure of trust, says Jamie Ward
-
Tetragon Financial: An exotic investment trust producing stellar returnsTetragon Financial has performed very well, but it won't appeal to most investors – there are clear reasons for the huge discount, says Rupert Hargreaves
-
How to capitalise on the pessimism around Britain's stock marketOpinion There was little in the Budget to prop up Britain's stock market, but opportunities are hiding in plain sight. Investors should take advantage while they can
-
London claims victory in the Brexit warsOpinion JPMorgan Chase's decision to build a new headquarters in London is a huge vote of confidence and a sign that the City will remain Europe's key financial hub