Best Buy No Longer Will Sell CDs Beginning July 1

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Target is asking music suppliers to be compensated per CD sales instead of buying in bulk. The deadline for music suppliers has been pushed to April or May, but Billboard points out that if major labels don't play ball, it could vastly hasten the decline of traditional CD sales. The decision to terminate CD sales likely comes as a result of increased consumer interest in digital music streaming services like Spotify and Apple Music, and declining CD sales in the US.

If you are a vinyl enthusiast like me, no need to worry as they will still be around.

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With the popularity of digital music surging, Best Buy is officially pulling the plug on music CDs, and another retail giant may soon join them.

In fact Best Buy isn't the only one feeling the pinch as the report claims that Target is also looking for a way to reduce their losses. Best Buy isn't tossing them, as they will still be in the turntables section, but that is due to a past commitment it made with vendors. The company has told music manufacturers that it wants to sell CDs on a consignment basis through scan-based trading.

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Target sells less than 100 titles in many of its stores.

Could this be the beginning of the end for physical CD sales? Even though media and music are my favorite forms of expression and consumption, they often aren't valued. Better yet, when was the last time you bought a CD at Best Buy?

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