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Borders to Quit Selling CDs and DVDs?



The book and music retailer Borders may soon be removing CDs and DVDs from its stores' shelves, according to a report in the Consumerist.

Apparently, this past Monday, a Borders employee wrote the Consumerist, claiming that "most Borders [stores]" will remove 75-percent of their CD and DVD inventory over the next couple of months. According to this tipster, whose veracity has not been confirmed, CDs and DVDs will be gradually, and drastically, marked down over the next seven weeks in order to clear the shelves.

Do you still buy CDs?
Yes2987 (69.0%)
No1341 (31.0%)


With the closings of Circuit City and Tower Records stores, and the upcoming closing of Virgin Megastores, the success of iTunes, and the illegal download boom, we wouldn't at all be surprised if this rumor winds up being true. That being said, we're not in the business of counting chickens, so why not let us check out these supposed mark-downs first? [From: Consumerist Via: Blogging Stocks]





Death of Print

    Elle Girl
    In April 2006, Elle Girl's print edition was closed down, but the Web site lives on at ellegirl.com.

    CosmoGirl
    Though it will be folded into Seventeen magazine, the teen version of Cosmopolitan will publish its last print issue in December 2008. It will live on at CosmoGirl.com.

    Christian Science Monitor
    Founded in 1908 by Mary Baker Eddy, this venerable paper will move all its daily content to the Web starting in 2009, though it will still publish a weekly print version.

    Radar Magazine
    Was it too snarky for its own good? We'll never know, but this modern-day successor to '80s-era Spy magazine shut down in October. AMI, owner of the National Enquirer, bought RadarOnline.com, however, which will focus on celebrity gossip a la TMZ.com.

    US News and World Report
    Once a serious competitor to Time and Newsweek, US News and World Report is now best known for its College guides, which it will continue to publish. The weekly newsmagazine, however, will be turned into a monthly, and all daily operations are moving to the Web at usnews.com.

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Tags: borders, business, cd, cds, dvd, financial crisis, FinancialCrisis, music industry, MusicIndustry

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