Music executives — and not just those who traffic in obscure genres — are in an increasing bind when it comes to selling their wares on CD. As dedicated music stores, including Tower Records, have closed up shop by the thousands, big, generalist chains like Wal-Mart, Target Corp. and Best Buy Co. have tightened their already firm grip on the sale of physical CDs. The chains order huge quantities of some titles, while other releases find it hard to get a foothold.
It’s almost sad that these stores have such a hold on the music industry. I buy most of my music online, since a lot of it these stores don’t carry the artists I like. I guess this article explains why.
Source: Wall Street Journal