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Best Buy To Stop Selling CDs Come July

posted by DJ Hed -

It's a sad day in the CD/music world. According to Billboard, Best Buy has announced that they will stop selling CD's come July 2018. 

This news follows a steady decrease in revenue for the store and its peers due to people buying music less and less in general and the rapid rise of streaming in the past few years. Sources suggest that CDs only make the company approximately $40 million annually. Best Buys around the country will continue to offer vinyls for the time being as sales for records have been on the rise past 3-4 years.

It has also been reported that Target will follow suit and refrain from selling CDs in the near future if their consignment offer is not met. In layman’s terms, Target are currently made to pay for any goods shipped and not sold within 60 days of labels sending them out. 

What do you think, is this the end of an era for CD's? 

Let us know in the comments below.

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DJ Hed

DJ Hed

DJ Hed is a deejay mixer on REAL 92.3 KRRL FM Los Angeles Radio Read more

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