All the focus has been on streaming music the last few years, with the comeback of the vinyl record getting much attention as well. Meanwhile the once mighty CD has been pretty much written off as a relic of the past. After all, who needs a round plastic souvenir when the same music can be accessed so easily online, and for a lot less money as well. As the music industry is finding out though, last rights for the format might be a bit premature, as the demand for CDs in some cases is way higher than anticipated. Forbes found that due to the high demand for CD, prices have soured. Premature closure of factories has left consumers in the cold with remaining factories trying to pick up the slack leading to massive profit margins. What are your thoughts?
