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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?



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]


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Audio/Video, Home Video, Portable Audio

Digital Music Sales Surpass CD Sales at Atlantic



Yep, it finally happened. One label has come forward and admitted that, for the first time, digital sales of its music have surpassed CDs. While many pundits asserted that loosing tunes via tiny downloadable files would instantaneously cause the deep-pocketed record labels to crumble as piracy ran rampant, the numbers tell a different story. In fact, music sales overall have declined from $14.6 billion in 1999 to $10.1 billion this year, and it's expected to shrink further.

But for Atlantic, moving tracks on the information superhighway has proven quite successful; last quarter, digital sales accounted for 51% of its revenue, while CD sales still make up over two-thirds of all music sales industry-wide. There's no real indication as to why Atlantic seems to have that digital charm while everyone else is still clinging tight to old world business models, but it's sure nice to see this side of the equation thriving.

Now, about those DRM-free downloads across the board...

[Image courtesy of Dexondaz]

Audio/Video, Celebrities, YouTube

Trent Reznor Tells Fans to Steal Music

Warning: Video Contains Some Explicit Language

Perennial geek idol and gloomy music star Trent Reznor is not making any friends at his record label, Universal Media Group (UMG). At a concert Sunday night in Sydney, Reznor let loose on the music industry. Commenting on the fact that CD prices had not dropped after an outburst in May (see below), he asked, "Has anyone seen the price come down? Okay, well, you know what that means - STEAL IT. Steal away. Steal and steal and steal some more and give it to all your friends and keep on stealin'. Because one way or another these mother****ers will get it through their head that they're ripping people off and that's not right."

Back in May, Reznor commented in an interview with the Herald Sun in Australia on the ridiculous prices of CD's saying, "You got record labels that are doing everything they can to piss people off and rip them off."

He then lashed out at his record label saying, "I've garnered a core audience that you feel it's OK to rip off? F--- you'. That's also why you don't see any label people here, 'cos I said, 'F--- you people. Stay out of my f---ing show. If you wanna come, pay the ticket like anyone else. F--- you guys.' They're thieves. I don't blame people for stealing music if this is the kind of s--- that they pull off."

It's good to see that some musicians understand the dilemma we fans face. Reznor even admits to stealing music: "I steal music too, I'm not gonna say I don't."

From Slashdot and the Herald Sun

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