Alain Levy, chairman and CEO of EMI Music, says the music CD is dead. He notes that the majority of people just use CDs to rip their music on their computers to transfer the songs to digital music players.
Back in September 2003 I first wrote about the demise of the traditional music CD. Later that year, I had an epiphany. I didn't want to see my CD collection anymore. I had no use for it. I started ripping every CD in my collection and never looked back. The CD has been dead to me for three years except for a few minutes when I'm ripping the files to high quality DRM-free MP3 files. Once they're digitized, I'm in charge. They're playing off my computers or they're playing on my iRiver. I'm at 1214 complete albums and I can't imagine going back.
So yes Mr. Levy, the CD is dead. It has been for quite some time.