Best Buy has told music suppliers that it will pull all CDs from its stores this summer, according to a report from Billboard. This move should come as no big surprise: Between unlimited streaming services like Apple Music and Spotify, and the ongoing vinyl revival, CDs just don’t have the sway that they used to.
“After hitting record highs in the CD era, the global market for recorded music began shrinking dramatically in 2000. It lost 40 percent of its total value over the following 14 years, which spanned the birth of Napster and the file-sharing era, the decline of the CD and the rise and fall of the MP3. … Then came streaming — which the record industry warily, then wholeheartedly, embraced.” read more at mprnews.org