Could the CD be obsolete by the end of next year?
Here’s one that has taken our breath away a little bit – the days of the compact disc could be numbered. Side-Line music magazine are claiming that the major record labels are secretly planning to abandon the format by the end of 2012, concentrating instead on online/streaming formats and release CDs as limited edition collector’s items only.
The magazine has tried to get quotes from EMI, Universal and Sony on the story but all three have declined to comment. Side-Line also say that: “We were approached by several people working with major labels, who indeed re-confirm that plans do exist to give up the CD. We keep on trying to get an official confirmation, but it seems that the matter is very controversial.”
If it happens, the move could be the biggest shock of all time in music retail and would leave the likes of the already-ailing HMV more or less dead in the water. The likes of iTunes and Amazon would become even stronger with their online MP3 offerings.
What do you lot reckon to THAT then? EH??