05/02/2018

Physical CDs Sales Gradually Going out of Extinction



Physical CDs is gradually going out of extinction the way Video cassettes and radio cassettes went out of extinctions years ago.


In 2017 Internet streaming was the largest source of global recorded music sales, the revenues generated from services like Spotify and Apple Music surpass sales of CDs and vinyl records for the first time. 

Everything has been shifting towards the internet and digital sales… If you want to watch the latest movies, subscription video services such as Netflix, Hulu and Amazon Prime and others will come to your mind.

Technology retailer Best Buy will stop selling physical CDs has “told music suppliers that it will pull CDs from its stores come July 1”. Best Buy will continue to stock and sell vinyls, which will be marketed with turntables.

In South Africa, the sale of CDs is declining rapidly, but remains the most popular way to buy music. Music revenue from the sale of physical media in South Africa declined by almost 29% between 2015 and 2016, said IFPI.

According to IFPI’s data, physical revenues made up 52% of the South African market in 2015, while digital accounted for 28%.

In 2016, physical sales decreased to 39% of the market, while digital revenues made up 33%.
In Nigeria, when last did you buy Physical DVDs/CDs?

Reference: IFPI.org


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16 comments :

  1. In Nigeria I doubt if people still buy physical CD just to listen to music. Most people download both music, videos and tv series online. Perhaps it is only those in the suburbs and villages that purchase physical CD.

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  2. Definitely, we do all our downloads online

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  3. lmao. can't remember the last time I also bought CDs

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  4. Downloading and some home theater has a Bluetooths so that reduces the buying of cds

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  5. Downloading online has been the way Since. I don't think people still buy CD

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  6. I can't remember. Moreover, the poor quality videos in those their cd is so annoying and I hate it. Thank God for Internet , the only problem is Data.

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  7. Can't remember when last i bought a cd.

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  8. Technology is one thing that impresses me... Physical CDs is only patronised by little children and adults who have refused to flow with the change of things

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  9. i buy only for car audio
    but most times na auxiliary tins
    na 2015 i go dey buy movie
    since i got spectranet
    oh bobs
    na 1am free browsing and massive downloading tins

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  10. Lol. Who's buyinh CD's nowadays.. Online download the surest thing. From netjiffy

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  11. Ocassionally I still buy CD to support our musicians

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  12. I don't buy cds at all anymore. be it movies or music. I support the transition.

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  13. I can't remember the last time I bought a cd....change is constant

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  14. Don't have time for CD
    Technology has taken over

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  15. Such a longtime..... But Nigeria still gonna need dis though

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