The Rapid Rise (& Fall) of the CD

@mwinkc "I’ll spare you the economics lesson"

Guess I should turn in my MBA in Finance, and the 40 years I spent in business finance roles in a fortune 100 company must have been a dream. Let me know when your classes start so I can finally understand business economics from the great man himself

https://djmag.com/news/gen-z-listen-more-vinyl-cds-and-cassettes-any-other-age-group-survey-shows

https://www.forbes.com/sites/billrosenblatt/2023/01/16/luminate-data-music-report-the-album-is-once-again-a-vinyl-lp/

An excerpt from the Forbes article

"Vinyl buyers are also likely to be Gen Z. The born-digital generation, now teenagers and young adults, is 27% more likely to purchase vinyl than the average listener; yet it’s also much more likely to discover new music on short online video clips. That is, Gen Zers are likely to watch short clips of music on TikTok and then purchase the music they like on vinyl. And they spend more than twice as much as the average consumer on music"

@kennymacc "If you attend any high end audio show from here to Kalamazoo, you'll see turn tables spinning vinyl records in just about every room.  However, when you look around that room, you'll see practically nobody but middle age older people salivating over the old physical media (and that incudes the people running the room."

Maybe you don't see them because they can't afford at this stage of their lives the equipment displayed at the  high end shows that doesn't mean that they aren't purchasing turntables that they can afford and hence vinyl. Likewise, they may well not be gawking over highend streamers or all in ones but that doesn't sop them from streaming

The great demise of the CD! So why did  WADAX's bother to incorporate CD/SCAD playback, along with streaming,  in its new $40K Studio Player ?  Why are there other highend CD , or CD/SACD players - e.g. Soulnote, Goldnote, Neodio, Metronome, Accustic Arts, Canor,just to name a few?

@mahler123  +1 . What's also amusing to me about that is that one of things that folks who push streaming clamor about is the sheer breath of music available to listen to and yet for some 3500 albums is too many. And, before the comment is made, while streaming does offer access to maybe previously unfamiliar music it isn't the only way to find it.

@sokogear I stated why I was amused so I’ll not repeat myself. And, I get that it doesn’t suit you or make sense to you to have 3500 or 31000 physical albums. That’s fine for you but in their cases you aren’t paying the freight , spending the time listening to them, and/or making the choice to collect them so it doesn’t really matter