Hey guys Sig here, and today we will be talking about Best Buy stopping sales on CDs.
The Compact Disk(CD) for short, which revolutionized the music industry in the late 1980s and early 1990s is done being one of Best Buys products. With CD Sales down 18.5% from last year, the franchise annouced that it will no longer be selling the physical medium. Starting July 1st, Best Buy will be pulling the plug on selling compact disks. The reason for this is music streaming, and downloads have exploded in the music industry. Streaming music services accounted for 62% of the total market for the first half of 2017. Now for me I see a favor for the newer generation, since they use their phones more, etc. That is all for now and as always guys, stay savvy!
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