They said the same thing when cds arrived on the scene, thata vinyl would die. In fact, the opposite has occurred. More independent record shops are reporting big surges in vinyl buying again. Just read Goldmine Magazine.
I do not think cds will die out. There are many specialty and niche labels out there that are releasing much overlooked music from the 1920s thru the 1980s on cd. CD Universe is great online store to buy these cds from.
I have plenty of cds and will never stop buying them. Hard drives do not last as long as a cd. And who cares if the younger kids are not buying them. Why should we follow them? Trendy...who cares?
Finally, I am glad to hear that Universal is finally dropping the price of cds. Yippy...more for me to buy!! They were supposed to drop prices years ago but never did.
You got that right. Some friends of ours own Quimper Sound, one of the last privately owned record stores in Wa. State (in Port Townsend) and they are doing a booming business in vinyl. Just recently bought a 50k+ record collection from a guy who had over 100k albums (owned a bunch of record stores back in the day). They are slowly growing through them, and have found some real gems, such as Hearts Dreamboat Annie signed by all 5 members of the band! They have them all stored in their garage, and take them to the store as they go through them. I suspect they’re keeping their favorites!