Best Buy told the music provider that according to a report from Billboard, it will take out all the CDs from the store this summer.
This move is not surprising: between unlimited streaming services such as Apple Music and Spotify and the ongoing vinyl revival, CDs has no previous influence.
NPR's Andrew Flanagan reports that in 2015, music streaming increased the music industry's global revenue by $0. 5 billion for the first time since 1999.
According to Nielsen Marketing Research, streaming services became the main way for Americans to listen to music in 2016.
NPR's Sonari Glinton reports Ford Motor Co. , 2017
Without a CD player, it launched its first car in 25 years.
Streaming is the fastest.
There are more and more sources of music and video content, especially for young consumers, and we find that they are becoming more and more fond of streaming and subscription services than traditional forms of cd, which Ford's marketing manager Michael O'Brien told gellington.
There's nothing wrong with O'Brien.
The International Federation of record industry estimates that 0. 112 billion people around the world are now paying for streaming services, and the contribution of streaming services has reached 20.
Download volume decreased by 5%, down 7.
Real income fell by 6% per cent in 2017.
Best Buy generates nearly $40 billion a year, with more than 1,500 stores in North America.
Last year, according to Fortune, the company canceled nearly 400 jobs to "meet the important and evolving technical support needs of our customers," as it is giving to Minnesota
The company told NPR it did not comment on the Billboard report.