The Future of Recorded Music - Part 5 Page 4

The 1990s

0607_futuremusic_1990Worldwide sales of CDs reach nearly 1 billion (286.5 million in the U.S.), while 9.2 million players are sold annually.

0607_futuremusic_1995Hewlett Packard releases a 2X-speed CD recorder (made by Philips) for $995, finally making it possible for millions to feel the burn.

0607_futuremusic_1998Average price of a CD: $14.31.

0607_futuremusic_1999The first version of Napster, the MP3 online pirating - er, file-sharing - service, is released. Should the record industry collectively download Chopin's Funeral March?

0607_futuremusic_1999Sony and Philips launch the Super Audio CD (SACD), which features higher audio fidelity (1 bit, 2.8224 MHz) than the CD. Few notice - in the same way few care about the introduction of ...

2000 thru 2003

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