Do People Actually Buy CDs Anymore?

I remember when I was younger and my father had a collection of thousands of records. To me, it seemed so out of date and old fashion to still own records. We even had a little record player in my living room. He thought it was the coolest thing. Then as time went on, he turned to cassette tapes. I used to love recording the songs on the radio for playback and it seemed like nothing could be better than a cassette. It was a step up from using a record. It didn't occur to me that anything else could be invented to replace a cassette. That was until the creation of CDs. The music industry was taken to a new level as more music shops opened up and people were now able to buy their favorite artists music on CD. It seemed futuristic to me at the time. But as we've seen in the past, times do change. Even though artists are making CDs all the time, no one has been really buying them. This is all thanks to the creation of the mp3. So this is where the question rises; do people actually buy CDs anymore?

Music stores such as the Virgin Megastore in Union Square have recently closed their doors for good. Is it because of the recession? Maybe so, but even before the economy reached this point, people stopped purchasing CDs a long time ago. MP3s are a more convenient way to listen to your favorite songs. I'm not really sorry for the CD making industry and it's safe to say, in a few years, CDs will be eliminated completely. I stopped purchasing CDs a long time ago and looked towards the Internet to fill my monthly music quota and others have also fallen into that path which is visible with the popularity of sites such as the Apple Online Music Store. Now I'm only wondering what will be created in the future that will replace MP3s. We can only wait and see.