Times are changing for music retailers. While iTunes, Music Match, Rhapsody and other downloading services are not taking over the world, the digital music business is definitely impacting traditional retail sales. Musicland Holding Corp., the parent to retail icons Sam Goody, Suncoast, and MediaPlay just declared bankruptcy.
Virgin Record stores and other have tried to change music retail into a social destination, but so far, buyers have not responded. Yes, CD audio sales are alive and well with discount mass merchants, but none can hold a candle to Sam Goody. Shed a tear with Marketing Blurb, but move on. The music will keep playing.
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