best buyBest Buy to stop selling CDs this summer

best buyBest Buy to stop selling CDs this summerThe reason were still open now is because of vinyl, Whaley said.

Target, meanwhile, has told suppliers it will only pay them for CDs after they are sold, not before, according to the Billboard report.

After all,cassette tape sales rose by percent in , selling , tapes compared to , in . And leading cassette sales, Guardians of the Galaxy mixtapes.

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Abe Cisneros of North Aurora, Ill., check out CDs at a Best Buy in Aurora in this December file photo. Best Buy said it will stop selling CDs this summer.

Best Buy recently told music suppliers it will stop selling CDsby July , Billboard reported Tuesday.

Abe Cisneros of North Aurora, Ill., check out CDs at a Best Buy in Aurora in this December file photo. Best Buy said it will stop selling CDs this summer.

Best Buy will continue to sell vinyl for at least the next two years, Billboard reported, placing the records next to turnles in its stores. Vinyl is the only bright spot in physical music as sales ticked up percent in , according to the RIAA.

It shouldnt come as a surprise. CD sales have steadily dropped as revenue from streaming grows, according to theRecording Industry Association of America. In , fort the first time ever, streaming generated more money in the US music business than all other formats combined.

Whaley said the story rarely orders new releases. Used CDs range from about to cents.

Theyve definitely lost popularity, Dave Whaley, manager of Daves Music Mine on Pittsburghs South Side, said of CDs. We do still sell them, mostly used.

Auto manucturers have foretold the demise of CDs for years as newer cars are less likely to have a indash player and more likely to have Bluetooth connectivity or a streaming service like Spotify or Pandora built right in. Smart speakers like Amazons Alexa, Google Home or Apples HomePod are becoming as ubiquitous as the living room hifi system once was.

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But dont trash you CD collect just yet. Whaley said just like vinyl, the compact disc could make a comeback in the decades to come.

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