Rolling Stone
"As streaming gives the music industry its biggest profits in a decade, the CD business continues to plunge. CD sales have fallen 80 percent in the past decade, from roughly 450 million to 89 million. Since Tesla began manufacturing cars without CD players, other companies like Ford and Toyota [and JEEP] have recently followed. Downloads – once seen as the CD’s replacement – have plummeted 58 percent since peaking in 2012, their profits now even smaller than physical sales."
Replies
It’s a side effect of the greed perpetuated by the music industry over the years. Now the artist has to rely on touring for financial support and what little royalties from streaming services. This opens the door for more pirating of musical creations.