Audiophiles Perfect What The Mass Market Selects
As I write this in the first quarter of 2007, CD sales are off over 22% compared to this time last year. The music industry as we know it, based on sales of some kind of physical medium, is over. While CDs and even LPs will remain available—they're so easy and cheap to make—they've become irrelevant to the mass market and to the future of audiophile recordings. The major labels have also become irrelevant (not to mention highly irritating).