Step 1.Let’s start out by creating a new file. I used a 300×300 pixel canvas set at 72dpi (regular settings), and I filled my background with a soft gradient. You can fill it with whatever you want.
Create a layer set and call it “vinyl.” Create a new layer within the layer set, also called “vinyl,” and fill it with a dark grey (almost black) color like #111111. Fill this layer with noise by going to Filter > Noise > Add noise and use the settings shown below in the screenshot.
Step 2The noise we just added will be used to create the circular texture that is typical for a vinyl record. Go to Filter > Blur > Radial blur, and use the settings shown below. After this, duplicate the layer and set the “vinyl copy” layer to Overlay. To bring out the texture a little more, I went ahead and navigated to Image > Adjustments > Brightness/Contrast and applied the settings seen below to the “vinyl copy” layer.
Step 3Time to cut out our circular shape. I will be using the Ellipse Tool (U) for this job.
Now I’ve set my Ellipse Tool to Shape Layers instead of Paths because this way I can easily center my shape once I draw it out. Place your crosshairs (cursor) more or less in the middle and while holding down Shift+Alt, draw a circle. Holding down Shift+Alt ensures that you make a perfect circle and that it is created from the middle outwards.
Switch to the Move tool (V) and hit Ctrl+A so that you select the entire canvas. Using the alignment controls at the top, press Align Vertical Centers and Align Horizontal Centers. This moves the circular shape to the center of the canvas.
Step 4Next we will cut out our actual shape. Ctrl-click on the Shape 1 layer and hide it by clicking on the eye icon next to it. Now select the “vinyl” layer set and hit the Mask button. This masks out the selection.
Duplicate the “Shape 1″ layer and resize it to about 5% (hit Ctrl+T, and then enter 5% in the size boxes). Ctrl-click the new “Shape 1 copy” layer, and with a black brush, paint the selection black in the mask we made for our “vinyl” layer set. This will create a hole in the middle, which is typical for a vinyl. When I did this, I noticed that I had to nudge my “Shape 1 copy” layer a bit to the left and up so that it looked right.
Step 5Now that we have our basic shape and texture done, it’s time to bring this baby to life. First we need to add some shine. We’re going to do this in two steps. In this step, we will apply subtle contrast lighting across the object and in Step 2, we are going to make it pop. Create a new layer above the (hidden) “Shape 1 copy” layer and name it “contrast.” Reset your colors to black and white by hitting D on your keyboard, and go to Filter > Render > Clouds. Next go to Filter > Render > Difference Clouds and hit Ctrl+F a few times (this re-applies the filter). Go to Filter > Blur > Radial Blur and use the settings shown below in the screenshot.
Step 6Now it’s time to make it really pop. Create a gradient as shown below:
Create a new layer and name it “highlights.” Drag the gradient out in the middle as shown in 1 (below), then go to Edit > Transform > Perspective and select the top-left corner, hold Shift and drag down. Drag until the handles overlap as in 2 (below) and then hit Enter. Hit Ctrl+T and stretch the gradient out a bit vertically. Set this layer to Soft Light, duplicate it twice, and spin the top layer around a bit until you get something similar to 3 (below).