‘Music CDs Will Be Dead In 14 Months’November 9, 2011 8:21 pm
We had spotted some stats on online music and cd sales – we spotted this today:
“A report from Side-Line cites a number of anonymous music industry insiders who confirmed to the music magazine that the major labels are planning to stop pressing new CDs by the end of next year, if not sooner.
The issue, the argument goes, is that CDs cost money to create, store, and distribute and shifting to all-digital distribution will free up more resources for marketing and other parts of the business.”
Statistics Source: CNet