Reports are surfacing that that the three stores that make up the bulk of CD sales right now—Best Buy, Wal-Mart, and Target—are planning to dramatically scale back their music sections after the holiday season, thanks to executives believing that the CD market is in "permanent decline" and that sales will drop even faster next year than they did in 2007. Cutbacks are expected to be in the 20% to 40% range, and the
Silicon Alley Insider has a rough estimate of what that could mean for the music industry:
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Idolator
