Music labels secretly planning to phase-out CDs?

With digital downloading becoming increasingly popular among the masses of switched-on Internet users, the death of the CD format is inevitable, isn't it?

The convenience and low cost of downloading music, as well as the ability to play music files on a range of devices, has meant revenue from the sale of physical discs has been dropping for many years. However, reports suggest that 1 million CDs are still sold in the US each week, suggesting that there’s still a market out there of people who want to buy hard copies of music by their favourite artists.

The story is too old to be commented.