Friday, 17 August 2018
Latest news
Main » Best Buy to Stop Selling CD's

Best Buy to Stop Selling CD's

07 February 2018

You only have a few more months to purchase CDs at Best Buy. CD sales overall in the United States were down 18.5% previous year, and it only made up $40 million of Best Buy's yearly revenue, so it's not a great surprise that they've made the move.

Point against Palace proves Newcastle have stomach for fight, says Darlow
We have a lot of grit and desire and will go to the very end". "It's a point that doesn't help either side enormously". Newcastle are two places above the relegation water after gathering 25 points from 26 encounters.

In an interesting twist, the store is committed to carrying records for the next two years with the vinyl format having a resurgence. Vinyl will be merchandised alongside turntables, Billboard's sources suggest. In addition, Target is also said to be reevaluating its approach to CD sales.

After surgery, Eagles fan frets: Did I miss the Super Bowl?
The Eagles contacted Haley's family via Facebook on Friday evening, said her father, Bob Parks. But Parks, who came to the Eagles attention through a viral video, still could face a hurdle.

Billboard further reported that major retailer Target has issued an "ultimatum" to music and video suppliers, saying it will carry inventory on a consignment basis or not at all. Evidently, the retailer is now demanding that music suppliers agree to buy back any CDs that aren't sold within a 60 days. The move comes as CD sales continue to decline; revenue from digital music downloads eclipsed it back in 2014. Now, Target is trying to pass the risk to labels, by changing their operations to scanned-based trading. Music labels are apparently waiting to see how DVD manufacturers react. Though Target only stocks 100 titles at any given time, it's still responsible for a sizable chunk of sales.

Maldives' oppn demands Prez Yameen's ouster after court ruling
The Maldives, known for luxury tourist resorts, became a multiparty democracy 10 years ago after decades of autocratic rule. When those lawmakers return, 's Progressive Party of the will lose its majority in the 85-member Parliament.

So that got us thinking: How much longer before Blu-rays, 4K Blu-rays, and DVDs are yanked from Best Buy store shelves? Revenues from services providing streaming music represent 62% of the entire market for first six months of 2017, shows new numbers just released by the music industry's trade group RIAA.

Best Buy to Stop Selling CD's