I thought people liked MP3's or downloaded music because they.
1. Only listen to music in their cars or exercising with a MP3 player.
2. Don't buy music at all and like free music
3. Just want a song and it can be had for 99 cents or free.
Otherwise than that it's always been a worthless format why would anyone pay the same or often times more for some files than having the real deal?
In 2010 CDs sold 326 million (brand new) units in North America there really going to pull the plug on that? And that's just North America and USA printed releases not counting a lot imports Made In Germany discs that account for a lot of music of older bands,reissue stuff,classical etc..
Sure they would like to sell more.
But a lot of people don't buy music or very little. A lot of people don't even listen to music.
I don't think it's possible to kill off CD or any psychical format that has succeeded without music labels killing themselves.
And how could they kill off CD? Vinyl you hear ohh it's coming back in 2010 in North America 2.8 million vinyls were sold
2.8 million to 326 million and they are getting rid of CD?
Another poster on another website said this very well.
The labels' aversion to a specific format, due to them only wanting one format to distribute.
Prerecorded cassettes took forever to gain traction but once they did, thanks to the Walkman and more decent choices in cassette decks and boomboxes ... LPs were finally threatened. CDs would have overtaken them all sooner but for price.
The situation is now reversed, and LPs have cost more than CDs for several years, and yet still are largely ignored by labels, despite the obvious advantages to the labels of offering and [most importantly] promoting LPs. One lesson among many they've failed to grasp.
You've got a chicken-or-egg proposition here. CD sales are down, way down, and yet still high enough to be really, really important. Nevertheless, labels WILL kill the sick patient rather than resuscitate, just as they yanked LPs from the racks when LPs began slumping in the late '80s, thus creating even fewer sales to the point of extinction. Effect, meet cause. See also: self-fullfulling prophesy.
And another poster said this
I agree. There is no way people are going to buy into a new format en masse. Many older people will even now feel burnt by the way the industry handled the move to the CD format.
I really doubt in a digital world the music industry will ever find another generation of listeners gullible enough to chunk their entire music collection and replace all their music for a new format the way people traded in their vinyl albums for CDs.
I understand that new sales were even higher back then when this was going on but it is all related.
In the nineties as people were buying CDs of all the old stuff they had on LPs previously they were forced for the most part to go into a physical store and actually see new releases on the shelf. People bought a lot of new stuff from Tower or whatever because they were already there to replace their old stuff and the new stuff was right there in their face.
Edited by mibutenma - 12/6/11 at 10:01pm