The End of the Compact Disc
We all anticipated this day would come. The decline of the compact disc was inevitable with the rise of technologies like MP3 players and Internet radio, which gained popularity among consumers. It was only a matter of time before the industry recognized the trends of our time and adjusted its distribution methods.
However, the demise of the compact disc, although anticipated for at least a decade, is just now beginning to show visible signs. Sony recently announced the closure of one of its two compact disc production plants in the United States, citing the growing dominance of digitally distributed music via the Internet The World-wide-web Niche - The global economy has been severely impacted. Millions of people have lost their jobs, many are losing their homes, and retirement portfolios are disappearing at an alarming rate. What happens in the World Wide Web? We often discuss the global financial tsunami, an economic crisis on a scale that rivals the Great Depression of the… as the primary reason for the closure.
The era of the compact disc is officially over. We haven’t used them for at least half a decade (my personal collection of CDs is gathering dust in a corner of … ...Read the rest.
“The End of the Compact Disc”
Recent Comments