Over the weekend, we heard that Best Buy was going to phase out selling CDs in all remaining stores that carry them. At the same time, Target announced that they plan to sell CDs on consignment, which means that they’ll want the labels to buy back any unsold inventory.
The lost of a big box like Best Buy and the scaling back by Target is going to have an impact on the overall number CDs sold. In Canada, we’ll probably see less than 10 million units sold by the end of the year and below 80 million in the US.
Here’s the question: Do you care? Are you worried about the slow but seemingly inevitable end of the CD? Lemme know and I’ll report back on my radio show on 102.1 the Edge Tuesday afternoon.