Saturday, August 9, 2014

The Brazilian Bus Magnate Who’s Buying Up All the World’s Vinyl Records

By Monte Reel

Paul Mawhinney, a former music-store owner in Pittsburgh, spent more than 40 years amassing a collection of some three million LPs and 45s, many of them bargain-bin rejects that had been thoroughly forgotten. The world’s indifference, he believed, made even the most neglected records precious: music that hadn’t been transferred to digital files would vanish forever unless someone bought his collection and preserved it.

Mawhinney spent about two decades trying to find someone who agreed. He struck a deal for $28.5 million in the late 1990s with the Internet retailer CDNow, he says, but the sale of his collection fell through when the dot-com bubble started to quiver. He contacted the Library of Congress, but negotiations fizzled. In 2008 he auctioned the collection on eBay for $3,002,150, but the winning bidder turned out to be an unsuspecting Irishman who said his account had been hacked.
Then last year, a friend of Mawhinney’s pointed him toward a classified ad in the back of Billboard magazine:
RECORD COLLECTIONS. We BUY any record collection. Any style of music. We pay HIGHER prices than anyone else.

That fall, eight empty semitrailers, each 53 feet long, arrived outside Mawhinney’s warehouse in Pittsburgh. The convoy left, heavy with vinyl. Mawhinney never met the buyer.

“I don’t know a thing about him — nothing,” Mawhinney told me. “I just know all the records were shipped to Brazil.”

Just weeks before, Murray Gershenz, one of the most celebrated collectors on the West Coast and owner of the Music Man Murray record store in Los Angeles, died at 91. For years, he, too, had been shopping his collection around, hoping it might end up in a museum or a public library. “That hasn’t worked out,” The Los Angeles Times reported in 2010, “so his next stop could be the Dumpster.” But in his final months, Gershenz agreed to sell his entire collection to an anonymous buyer. “A man came in with money, enough money,” his son, Irving, told The New York Times. “And it seemed like he was going to give it a good home.”

Those records, too, were shipped to Brazil. So were the inventories of several iconic music stores, including Colony Records, that glorious mess of LP bins and sheet-music racks that was a Times Square landmark for 64 years. The store closed its doors for good in the fall of 2012, but every single record left in the building — about 200,000 in all — ended up with a single collector, a man driven to get his hands on all the records in the world.

In an office near the back of his 25,000-square-foot warehouse in São Paolo, Zero Freitas, 62, slipped into a chair, grabbed one of the LPs stacked on a table and examined its track list. He wore wire-rimmed glasses, khaki shorts and a Hard Rock Cafe T-shirt; his gray hair was thin on top but curled along his collar in the back. Studying the song list, he appeared vaguely professorial. In truth, Freitas is a wealthy businessman who, since he was a child, has been unable to stop buying records. “I’ve gone to therapy for 40 years to try to explain this to myself,” he said.

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