The Next Music Format
"Classic-rock fan George Petersen doesn’t need another copy of Pink Floyd’s "Dark Side of the Moon" or Cream’s "Disraeli Gears." He has spent the past four decades buying and re-buying his favorite music in a succession of new formats: vinyl, 8-track, cassette, compact disc, Super Audio CD, DVD-Audio.
Enough is enough. The basement is full.
"With tonight’s 47th annual Grammy Awards in Los Angeles drawing attention to the ever-shifting world of the recording arts, Petersen and many other music-biz insiders agree that, in the next decade or so, the CD will very likely be surpassed as the album format of choice.
"’The new format is no format,’ predicted Petersen, a 24-year industry veteran who also owns a record label, a recording studio and a music-publishing company. ‘What the consumer would buy is a data file, and you could create whatever you need. If you want to make an MP3, you make an MP3. If you want a DVD-Audio surround disc, you make that.’"
Sean Daly. 10 Million iPods, Previewing the CD’s End. WashingtonPost.com. Feb. 13, 2005.
See also:
Dinesh C. Sharma. Study: Fee-based Music Gains on Swapping. News.com. Feb. 10, 2005.
(Editor’s Note: The Post allows free access to their stories on the Web for 14 days before sending the stories to the paper’s fee-based Archives.)
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