CDs not yet replaced by legal MP3 downloads
Although the pundits out there will tell you that CDs are all but obsolete thanks to music downloads and filesharing, it looks like consumer opinion has something else to say about the matter. About half the people asked in a survey by ISP PlusNet predicted that CDs will be around for at least 10 more years.
Wishful thinking in the era of filesharing and BitTorrent? Perhaps. About 10% of the group surveyed thought that CDs will be around forever. While it’s unlikely that all the world’s CDs will disappear at some point, as a medium for buying music on, CDs probably won’t be popular forever.
CD sales dropped about 10% last year, compared with about three million legal MP3 downloads in the last week of 2007, according to figures from the British Phonographic Industry (BPI).
Neil Armstrong, products director at PlusNet, came out with some obvious statements, saying that online legal MP3 downloads have became popular in the UK. No way. Who knew?
It looks like there is still life in CDs, but the vital signs are fading as legal MP3 downloads begin to take over the music industry.
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Good Wines 07Feb08
One problem, as I see it, is that once people move to digital media, there is no longer a need to renew your equipment. Many people bought the same albums on LP/Tape/CD and now MP3. But there doesn’t seem to be such a new technology coming after that. So soon we will see MP3’s taping off too
Jackie
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