Contact Us

Retail Giant Predicts The Death Of CDs Within Five Years

Getty Images

Looks like CDs will be joining 8-tracks and cassette tapes at the flea market sooner than you think. The chief executive of one of the largest entertainment retailers in the United Kingdom has said that the shelf life of the compact disc is coming to an end.

According to Ultimate Guitar, Simon Fox of UK entertainment retailer HMV recently told The Sun that he believes the CD market will drop from it’s 2010 figure of $1.4-billion to $475-million by 2014. He also said that his chain of music stores will no longer stock compact discs by 2016. As for the immediate future of the Cd and his stores he said, “There will be a place for CDs, but it’s difficult to see out more than five years.”

The store will apparently try to keep it’s doors open by adding more mp3 players, headphones, and other music related tech to the shelves. A music store with no music sounds about as useful as a network calling itself Music Television and not having any music programming. Unfortunately for HMV,  there is no way for them to make money off of pregnant teenagers and drunks from New Jersey.

 

More from Banana

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://banana1015.com using your Facebook account.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

Register on Flint's Rock Radio quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here

Please solve this simple math problem to prove that you are a real person.

Register on Flint's Rock Radio quickly by logging in with your Facebook account. It's just as secure, and no password to remember!