kenneth cooke":thq4co1o said:
CD's will not disappear but download will take the majority of the musak business. The discerning buyer will still be able to buy their choice on CD. LP records are in-fact a growth market in the music industry but only accounting for a small percentage in sales as indeed the sales of second hand LP's.
You are possibly correct in that there will remain a small rump of a market for specialist CDs and vinyl after the mass market has gone down the downloading route.
It is very unlikely however, that this rump will be able to support any retail shops. The whole business model of retail record shops around the country each holding stock, together with the neccesary distribution network, is now totally obsolete. What business currently remains on chart CDs is largely taken by Tesco anyway.
For the specialist genre-led market, it is obviously more efficient and profitable to sell CDs and LPs via mail-order - or 'on the internet' as it is now called. The 'discerning buyer' will have to buy his music this way.
As for Kenneth's original point about being able to listen to an album before he buys it - surely the internet is ideally placed to provide exactly this facility.
Keneth also mentioned Richard Branson in his OP. He sold his interest in Virgin record shops several years ago. He's no fool - he knew there was no future in them.
The fools were the poor saps who bought into them!
Cheers
Dan.