Will CDs be
extinct soon? I believe that they will, due to the fact that the Internet and
satellite radio has become the go to place for music lovers. Cars today still
comes with a CD player, but they also offer you satellite radio through a
subscription that a lot of individuals subscribe to. A lot of cars today are
equipped with an auxiliary input for individuals to plug their phone or iPod to
for music; and this is the reason why I ask, will the CDs be extinct soon?
How many people
today are actually going into stores and purchasing their favorite artist or
group’s CD when they are released? I bet not many. Instead people use Internet
sites to stream and download the music; and there are some folks that choose to
go to piracy sites and download all their music for free. With so many mobile
devices today, that have access to downloading and streaming music, what do we
really need a CD for? Lets be honest here.
Independent
artists and groups, and even the ones signed to music labels are using digital
sites to upload and sell their music, because the Internet is where an average
American spends most of their day on, whether it’s on their mobile phones and
computers, or on their desktops. Compared to back in the day, it’s not
important at all to an artist or group to get signed to a major record label,
because there are so many Print on Demand (POD) sites where they can get their
music published and sold; and also earn 91% of the money that they accrue from
selling their music. Dealing with POD sites are very inexpensive and less of a
headache to deal with, rather than wait for your turn to be promoted and
marketed by a major record label. As they say, time waits for nobody.
TuneCore, which
is a POD site paid artists $32.7 million in Q3 2014 for music distribution.
Those numbers have brought the total amount paid to distribution clients since
TuneCore’s inception in 2006 to $471.5 million, based on 10.6 billion combined
streams and downloads. How can an artist, group, or producer go wrong using
these POD sites, when they are developing numbers like this? That is why I ask
you the question that I ask you; and that is, will the CDs be extinct soon?
Hi George,
ReplyDeleteI enjoyed reading over your blog. I think you have some great posts with great content pertaining to the music industry. You seem very knowledgeable about the music industry. I agree that CDs are outdated, and every since I got my first iPod in 2006, I haven’t purchased a physical CD. It’s crazy how fast technology is changing everything, especially the entertainment industry. I think the best thing to do with this ever changing digital world, is to know the changes happening and keep up with the trends in your industry. I think you made some valid points in your post about CDs losing their relevance compared to digital downloads, and again I enjoyed reading it.