Is the CD dead?

The lowly CD still a big part of the music business

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All of the music industry news for the last year or so has been directed at oncoming music streaming steamroller and the downfall of the music download, but what’s interesting is that our good old physical CD still remains a huge part of the music business. The latest report from the Recording Industry Association of America (RIAA), the music industry’s trade group, shows the 2014 sales of the bright and shiny disc at $1.85 billion, or about 27% of the total U.S. recorded music revenue.

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the CD business is falling and when it finally hits the ground, it won’t be able to get back up. In 2014, streaming revenue from services like Spotify and Pandora overtook CD sales for the first time, ringing up $1.87 billion in revenue.

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If you extrapolate that out, it’s easy to see that streaming income alone can account for about the same $6.97 billion total industry income, more than offsetting the decrease in CD and music download revenue. If anything, we might finally begin to see an increase in revenue if streaming takes off like many industry analysts predict.

That said, the CD isn’t dead now, and it probably won’t be dead a few years from now either regardless of the streaming service’s inroads. It’s definitely a format on the wane, but it may take a lot longer to finally put the last nail in the coffin than people think.

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Anyone still buy CDs? I do, see many people buying vinyl as well at shows and events.

I also steam music on sites like Spotify and Pandora even Youtube. Growing up in the late 90's Id assume most people are just like me with their purchases or music intake.

Until they stop putting CD players in cars I will not fully commit to all digital.