Eulogy for the Compact Disc
Last Friday was the 25th anniversary of the Compact Disc. Rather than a celebration, however, I think a Eulogy is in order. In only 25 short years, the format is on the verge of extinction. You know the culprit.
The first commercial CD rolled off the production line on August 17, 1982 in a Phillips factory near Hanover, Germany. It took almost 6 years for CDs to begin outselling vinyl records, but the format would only shine for around a decade more, with the launch of Napster in 1999 signaling a change in the future of music consumption. According to CNN, sales of CDs peaked in 2001 and have declined nearly 22% to date.