Connect with us

Hi, what are you looking for?

The American GeniusThe American Genius

Business News

Why is Starbucks nixing CD sales?

Why is Starbucks getting rid of CDs on their shelves, and what does this mean for the music industry?

starbucks sign

starbucks sign

It’s no secret that CD sales ain’t what they used to be

I wish I started my band in 2001, back when people used to value the satisfaction of owning a hard copy of a record. But I would have been nine, and we probably would have sucked. Nowadays, it’s tough for any artist to sell a decent amount of albums. Platinum albums used to drop every other Tuesday, but now they’re few and far between.

As an artist, I know firsthand the ills of the modern music marketplace. However, I always had sort of a “grass is greener” view of the big shots like Starbucks. Apparently, they’re feeling the pain as well; in-store CD sales dropped by 15 percent last year. And 15 percent of a jillion albums is a fat chunk of cash. Starting at the end of next month, they’re pulling the plug on the whole operation, removing CDs from their shelves entirely.

Things were different back in the day

You’re probably already tired of me saying stuff like, “back in my day,” but things were different when Starbucks originally kick started their music venture in 1999. They flourished almost immediately, experiencing five consecutive years of substantial growth. Music piracy was barely a thing at the turn of the century, if at all. If folks wanted to hear whole albums, they had to get off their lazy butts and go pick them up from a record store.

Since the marriage of Starbucks and music, they’ve partnered with companies like Hear Music and Concord Music. This paraded artists like Paul McCartney, Alanis Morissette, and Taylor Swift across the world (as if they weren’t getting sufficient publicity already). In 2006, Billboard reported that the coffee shop was banking around $65 million in music revenue… annually. That’s one dollar for every year since the extinction of the dinosaurs.

Advertisement. Scroll to continue reading.

Cross your fingers for the starving artists

I’ll be honest, folks. It kind of scares me that a giant like Starbucks is forfeiting the hard copy music game like this. Bands used to rely pretty heavily on album sales, but the market shift has officially permeated every corner of the industry.

If freaking Starbucks isn’t making enough cash selling the Frozen soundtrack, there’s no way that my band will be able to scrape by. I hope they wind up offering download cards or something more modern instead of bowing out of the match altogether. Cross your fingers for us starving artists – this could mean the beginning of the end.


Written By

Staff Writer, Johnny Crowder, is a hard working creative with a Bachelor's Degree in Psychology and a deep passion for writing. In his other life, he is the front man for signed metal band, Dark Sermon. He has a wicked sense of humor and might literally die if he goes a day without putting pen to paper.

1 Comment

1 Comment

  1. Pingback: Spotify, Starbucks team up so you pick the music and earn reward points - AGBeat

Leave a Reply

Your email address will not be published. Required fields are marked *


American Genius
news neatly in your inbox

Subscribe to our mailing list for news sent straight to your email inbox.



Business News

Not far behind the ranks of Reddit and Meta, who changed the name of their NFT programs, Starbucks launches their own called 'journey stamps'

Business News

Starbucks shutters 16 stores in response to the crime wave hitting major American cities, will more follow?

Business News

(BUSINESS) Diversity and inclusion have been at the forefront of Starbucks' mission, but now they're shifting strategy. What can we learn from it?

Business News

(BUSINESS) How Starbucks got itself in a lawsuit alleging ageism practices and why it's important to review your own hiring and retention practices.

The American Genius is a strong news voice in the entrepreneur and tech world, offering meaningful, concise insight into emerging technologies, the digital economy, best practices, and a shifting business culture. We refuse to publish fluff, and our readers rely on us for inspiring action. Copyright © 2005-2022, The American Genius, LLC.