Best Buy to Pull CDs, Target Threatens to Pay Labels for CDs Only When Customers Buy Them

If the majors don't play ball and give in to Target's new sale terms, it could considerably hasten the phase down of the CD format. Even though digital is on the upswing, physical is still performing relatively well on a global basis -- if not in the U.S. market, where CD sales were down 18.5 percent last year. But things are about to get worse here, if some of the noise coming out of the big-box retailers comes to fruition.
Read more: https://www.billboard.com/articles/business/8097929/best-buy-to-pull-cds-target-threatens-to-pay-labels-for-cds-only-when?source=Snapzu