Monday, May 28, 2007

Plunge in CD Sales Shakes Up Big Labels

From today's NYT:

"Aram Sinnreich, a media industry consultant at Radar Research in Los Angeles, said the CD format, introduced in the United States 24 years ago, is in its death throes. 'Everyone in the industry thinks of this Christmas as the last big holiday season for CD sales,' Mr. Sinnreich said, 'and then everything goes kaput.'”

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