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RE: Will they every pull the plug on cd's?

Posted by PAR on January 14, 2015 at 01:21:51

In Reply to: Will they every pull the plug on cd's? posted by mbnx01 on January 13, 2015 at 16:07:40:

Yes they will. It is certainly under discussion and (UK) record industry friends say that some time during the next 36 months is being considered.

However it is not likely that it will happen at a stroke across all music genres and markets

A tipping point needs to be reached. As you will see if you visit the attached URL, in the UK digital sales now constitute 50% of revenues. That is across the industry and I would most certainly be correct in guessing that for some formats ( e.g. pop singles) the digital revenues are an even higher percentage. Those formats/ genres will be the first to give up physical formats. Remember it is not in the record industry's commercial interest to continue to pay for the production and distribution of physical copies if there is an alternative.

It is already the case that many recordings in the classical market are already digital only items ( some small labels and quite a lot of back catalogue from the majors).

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