Physical media market shares, from 19732024. From riaa.com/u-s-sales-database.
When the CD is gone, and it will be soon, we'll miss it. New CD releases are winding down (footnote 1). In the classical world, the era of big, bargain-priced boxes of CDsa somewhat recent developmentis ending because, after a long, slow descent, retail sales have fallen off a cliff in the past year or so. In pop and rock, if you discover a new band you like, you may or may not be able to buy a CD. Perhaps they'll self-publish a few to sell at concerts; there's a better chance they'll have LPs, assuming they can get time at a vinyl-mastering studio and a pressing plant, both of which are booked to the max. CDs, though, are an afterthought if they're even that.
Vinyl records will likely stay around indefinitely as a collector's artifact, but new CDs are fading fast. This is momentous. CD will be remembered as the last mainstream physical music format. Its passing marks the death of physical music media.
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