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Starbucks Pulling Back From CD Sales

June 25, 2008 RSS Feed Print

The music industry's troubles continue to mount, with Starbucks now pulling back from the CD-selling business, reports Peter Kafka at Silicon Valley Insider. Record labels once viewed Starbucks as a promising outlet for the struggling music business.

Word about Starbucks came as deep staff cuts were underway at music labels owned by EMI, including Capitol Records. EMI in January announced it would reduce staff by about 2,000 because of falling sales of recorded music. The cuts amount to 30 to 40 percent of those working in recorded music at EMI, says Bruce Houghton at Hypebot.

Tags:: Starbucks,; music

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As long as free music can be taken from the Internet or even one song from a CD, this will be the result.
A better way would be, Bands that are not widley known and wish their music to be given for free over the Internet, should be allowed to do so. Those that are well known should have the right to say no way and retain their value.
Why would Starbucks start selling music in the first place, unless it wanted to start the demise of the music industry.

seahawk 4:56PM October 15, 2009

Here is another example of fear. People are scared and instead of riding out the storm people are cutting their losses ( employees )

of 8:57AM September 30, 2008

Starbucks Pulling Back From CD Sales

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