This year, physical media seemed to a little bit good and particularly with the Woolworth’s decline and VHS purchases it could be gathered that there were only few retail chains to buy DVDs and CDs.
According to the research firm Gartner, the time has come when the music recorders will have to more focus on downloads than on CDs.
Mark McGuire, who is an analyst at Gartner, says in this connection, “To survive in this competitive setting, different music labels will have to adopt a strategy of ‘digital first’, as some big labels didn’t succeed in stopping piracy as well as getting nice business in their CD businesses.”
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