- Joined
- May 18, 1997
- Messages
- 55,142
I just saw where Best Buy is pulling out of the CD business totally. Obviously digital streaming services are eating up this market. I guess I am still one of the old school crowd that still buys CDs. For artists that I want to support, I still buy their CDs, albeit not at Best Buy. I like to be able to rip those to lossless formats for playback later and very high volumes and undistorted by the crappy compression that I so often hear with streaming music. Guess I will have to buy vinyl from here out. Just kidding, I am not a jackass.
Best Buy has just told music suppliers that it will pull CDs from its stores come July 1. At one point, Best Buy was the most powerful music merchandiser in the U.S., but nowadays it's a shadow of its former self, with a reduced and shoddy offering of CDs. Sources suggest that the company's CD business is nowadays only generating about $40 million annually. While it says it's planning to pull out CDs, Best Buy will continue to carry vinyl for the next two years, keeping a commitment it made to vendors. The vinyl will now be merchandised with the turntables, sources suggest.
Best Buy has just told music suppliers that it will pull CDs from its stores come July 1. At one point, Best Buy was the most powerful music merchandiser in the U.S., but nowadays it's a shadow of its former self, with a reduced and shoddy offering of CDs. Sources suggest that the company's CD business is nowadays only generating about $40 million annually. While it says it's planning to pull out CDs, Best Buy will continue to carry vinyl for the next two years, keeping a commitment it made to vendors. The vinyl will now be merchandised with the turntables, sources suggest.