Vinyl Me, Please Announces September Return Under New Leadership
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Key Takeaways
Vinyl Me, Please will resume operations in September 2025 under new CEO Nick Alt, marking the end of a difficult transition period that began when the company entered bankruptcy earlier this year. The vinyl subscription service was acquired by VNYL Inc. in June 2025, saving it from liquidation after months of customer complaints about unfulfilled orders and operational breakdowns. Alt confirmed the company has processed 10 metric tons of vinyl inventory and is prioritizing active members for outstanding orders, with former members and single-purchase customers directed to a claims process.
Strategic Turnaround
Vinyl Me, Please, once revered as the premier vinyl subscription service for audiophiles and collectors, faced significant operational challenges in recent years that led to widespread customer dissatisfaction and eventual bankruptcy proceedings. The troubles culminated when the company's board fired its previous leadership team, including CEO Cameron Schaefer, CFO Adam Block, and CSO Rich Kylberg, amid allegations that these executives had diverted company funds into their own pressing plant venture.
The acquisition by VNYL Inc., led by entrepreneur Nick Alt and direct-to-consumer expert Emily Muhoberac, represents a strategic expansion of the St. Louis-based company's vinyl portfolio, which already includes VinylBox and the VNYL brand. Alt emphasizes that their approach isn't about reinventing Vinyl Me, Please but rather "restoring its true form as the 'Best Damn Record Club'" while addressing the legacy customer obligations that accumulated during the service's troubled period.
