Feb 22, 2021
From Audio Arkitekts by Mike Perez
(Photo by Spencer Platt/Getty Images)
Compact discs were the result of a 1982 collaborative effort by Philips and Sony. The intent was to introduce a new way to listen to music, and the “CD” or Digital Audio Compact Disc did not fail to impress for over two decades. However, the popularity of CD’s has steadily declined since the mid to late 2000’s when digital audio devices such as the iPod, streaming applications like Napster, and many other digital media platforms were pioneered for the avid listener.
CD sales are a mere 10% of what they were in the late 1990’s according to the Recording Industry Association of America. Like any other form of technology, the way music is delivered to its audience simply evolved. That evolution has fundamentally changed the landscape and relationship between the artist and their fans. Music streaming services now account for over 85% of the US recorded music market.
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