onebuffalo
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Post by onebuffalo on Feb 3, 2018 9:33:41 GMT -5
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someguy
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Post by someguy on Feb 3, 2018 10:59:32 GMT -5
That's too bad, but not surprised. Best Buy here pulled CDs years ago.
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Post by JOJO SIWA DERANGEMENT SYNDROME on Feb 3, 2018 11:55:47 GMT -5
They have already been carrying less and less so it makes sense that this would officially happen now.
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bat1990
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Post by bat1990 on Feb 5, 2018 10:45:41 GMT -5
It's hilarious to me that it's easier to find vinyl in physical stores. We've gone full circle in 30/35 years.
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DJ General
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Post by DJ General on Feb 5, 2018 12:48:16 GMT -5
Target is doing the same as well.
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Hurricane Lee
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Post by Hurricane Lee on Feb 5, 2018 13:01:32 GMT -5
Target wants the labels to shoulder the cost of buying back any CDs that aren't sold. I believe one label is on board but all the others have refused so far, so that doesn't bode well. Well, I guess I am being forced into the new trash generation!
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jenglisbe
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Post by jenglisbe on Feb 5, 2018 13:09:55 GMT -5
How long until paid downloads aren't really a thing? Obviously they are on the decline as it is, but how long until they are non-existent?
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Choco
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Post by Choco on Feb 5, 2018 14:24:33 GMT -5
^It'll be a while because there are fewer costs involved on sending a file to Apple and getting it on the iTunes Store vs actually making a cd with the packaging and all, so even at lower levels downloads are likely to be profitable.
CDs take up a lot of space if you build a collection over the years. Streaming is the future, even if there's still something unique about owning a CD...
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Au$tin
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Post by Au$tin on Feb 5, 2018 15:42:41 GMT -5
CDs also aren't dead yet either, just the practice of purchasing them from a brick-and-mortar retailer is dwindling. CDs still sell reasonably decently through online sources like Amazon or the record label's/artist's own merchandise pages.
And really, with cassette and vinyl never dying out completely (and both making comebacks) and CDs still being relatively popular, this makes me doubt digital downloads as a whole are going away anytime soon.
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YourFaveIsAFlop
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Post by YourFaveIsAFlop on Feb 5, 2018 16:02:18 GMT -5
The last CD I bought was 25. I have no idea where it went, I saved the MP3s to my phone.
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Gary
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Post by Gary on Feb 5, 2018 16:35:48 GMT -5
As with all things, there are peaks and valleys. The CD won't die, probably ever. (The death of Vinyl was written about many times over, but Vinyl is now on the rise)
Streaming will peak too at some point.
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jenglisbe
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Post by jenglisbe on Feb 5, 2018 17:34:45 GMT -5
Streaming will peak too at some point. Any hint of what would replace it, though?
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Caviar
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Post by Caviar on Feb 5, 2018 17:59:21 GMT -5
I only buy 1-2 CDS a year. I don't have the space to keeping storing them and taking time searching for it. Streaming music is just so convenient right now.
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DJ General
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Post by DJ General on Feb 5, 2018 18:35:09 GMT -5
I still buy a few CDs a year.
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#LisaRinna
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Post by #LisaRinna on Feb 5, 2018 18:39:20 GMT -5
CDs are going to come back just like vinyls are, as collectors' items.
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Post by areyoureadytojump on Feb 5, 2018 18:40:13 GMT -5
^Just like cassettes did the past few years.
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Gary
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Post by Gary on Feb 5, 2018 18:47:25 GMT -5
Streaming will peak too at some point. Any hint of what would replace it, though? Nothing but consider where it will eventually head Look at videos Possibly each label with their own streaming Service. Maybe eventually each artist? Who knows. Not sure the one size fits all streaming service out now will last forever
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bat1990
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Post by bat1990 on Feb 5, 2018 23:09:30 GMT -5
Ah the cyberpunk future of those who can pay having access to content. I'm glad I'm leveraging my privilege and skills to stay in the shrinking middle class
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Glove Slap
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Post by Glove Slap on Feb 5, 2018 23:12:28 GMT -5
Aside from stuff I got through ticket bundles, I haven't gotten a physical CD in 8 years.
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jenglisbe
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Post by jenglisbe on Feb 6, 2018 8:41:52 GMT -5
Target wants the labels to shoulder the cost of buying back any CDs that aren't sold. I believe one label is on board but all the others have refused so far, so that doesn't bode well. Well, I guess I am being forced into the new trash generation! Why would labels buy the CDs back?
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Hurricane Lee
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Post by Hurricane Lee on Feb 6, 2018 9:58:48 GMT -5
Target wants the labels to shoulder the cost of buying back any CDs that aren't sold. I believe one label is on board but all the others have refused so far, so that doesn't bode well. Well, I guess I am being forced into the new trash generation! Why would labels buy the CDs back? Idk, maybe because they are the ones that shipped the CDs that aren't getting sold to retailers in the first place? Just a guess. Like I said, one label agreed to buy them back from Target, but that's not enough. Oh well.
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jenglisbe
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Post by jenglisbe on Feb 6, 2018 10:03:19 GMT -5
Why would labels buy the CDs back? Idk, maybe because they are the ones that shipped the CDs that aren't getting sold to retailers in the first place? Just a guess. Like I said, one label agreed to buy them back from Target, but that's not enough. Oh well. But if they are buying them back from Target, then it means they were sold to a retailer, no? And considering the lack of CD sales in general, I can't imagine it's worth the money to buy back the CDs as they'd then have to sell then to some other retailer for an even high er price to recoup the money.
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Deleted
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Post by Deleted on Feb 6, 2018 10:26:32 GMT -5
Label buybacks actually are (or were) standard practice. www.tunecore.com/blog/2011/04/getting-a-gold-record-by-selling-nothing.htmltl;dr it was technically a way to 'game' the RIAA system, but for the most part labels weren't intentionally doing that. The buyback system was mainly in place as an incentive to get stores to order more product, as the stores had a guarantee that they wouldn't be stuck with unmovable product taking up valuable shelf space. Brick-and-mortar stores were the only way to get music out to the end consumer, so it would not have benefited the industry to saddle these same stores with losses that might drive them out of business. But things bottomed out when the digital sales era kicked in and physical sales started plummeting. The fact that labels no longer want to honor a system that has been in place since vinyl says just about all there is to say about the end of the physical album era, really. Sure, it will always be there for the purists, but on a broad level it's pretty much over.
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YourFaveIsAFlop
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Post by YourFaveIsAFlop on Feb 6, 2018 10:33:45 GMT -5
Any hint of what would replace it, though? Nothing but consider where it will eventually head Look at videos Possibly each label with their own streaming Service. Maybe eventually each artist? Who knows. Not sure the one size fits all streaming service out now will last forever But services like GhostTunes and to a certain extent Tidal have proven that that consumers won't follow the music they want, they'll stick with their platform of choice and pirate the rest, or else make very occasion full album purchases. I think the more likely evolution will be something like Amazon where you have a limited library of prime music but if you want all the music you pay a little more. Tiering is definitely going to be the next move by streaming companies as revenues don't match payouts.
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Gary
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Post by Gary on Feb 6, 2018 11:17:29 GMT -5
One possibility, looking at the models that videos follow is another.
Video streaming is a little ahead of audio streaming in terms of age. In the last several years video streaming has moved from something that just Netflix does to something a little more fragmented, more and more studios corralling their own property to offer their own streaming service. (So if you want Disney for example, you would have to subscribe to the Disney service Could that happen to music? maybe...maybe not. But it seems possible, especially as royalty fees go up and cut into profits
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Choco
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Post by Choco on Feb 6, 2018 11:59:19 GMT -5
Once they start creating too many services / tiers, piracy will go up again. I know it's a business but consumers want easy experiences, not 23 apps to get all the music you want.
The video streaming business has countless services but at one point I think a few companies like Crackle will go down in favor of the big three (Netflix, Hulu and Amazon).
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YourFaveIsAFlop
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Post by YourFaveIsAFlop on Feb 6, 2018 12:02:44 GMT -5
The real function of propriety streaming services is to prove that your content has value to investors. They aren't intended to be long lived, just to prove that there is an audience for the content that is worth the investment in buying the rights to it.
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wjr15
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Post by wjr15 on Feb 6, 2018 16:39:42 GMT -5
I buy a few CDs a year from artists that I really like but I never buy them from Best Buy though. All my CD shopping is done at Target (usually for the Target exclusives).
But with Target also planning to stop the sale of CDs, I guess no more Target exclusives? It’s all gonna be Spotify or Apple exclusives from now on. I do hope Target at least keeps one small section of CDs for new releases.
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johnm1120
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Post by johnm1120 on Feb 7, 2018 3:39:20 GMT -5
As another piece of childhood dies. I remember buying my first import CD at Best Buy.
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Post by areyoureadytojump on Feb 7, 2018 9:14:57 GMT -5
Barnes & Nobles sells cds. Usually at higher prices than Target/Best Buy/Walmart...
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