Reply To: Let’s talk collections and listening habits!
Yes, that was when CDs were mass market. CDs were once a mass market product, from the 1990s to maybe 2010, CDs were a mass market product. They reached its zenith around the turn of the millennium, that’s when they were at their absolute top. And from then on, over years, CDs sales shrunk year by year. So at that time, CDs were priced at their lowest. You could browse record stores in those days and find even new top notch CDs at sale prices. At the same time, many people happily dumped their CDs and switched to MP3. Many CD collections were dissolved; some second hand stores even had to stop buying CDs, because they had to fear they wouldn’t be able to sell them all.
But the situation has changed, now CDs are already a niche product. If now, like LPs, some people re-discover CDs or discover CDs for the first time, it’s more like the “turn of vinyl”. Vinyl was once a mass market product, but it survives now as a niche product. If CDs become more popular now, that doesn’t mean they will return to mass market status, it just means they have reached now more or less the point at which they will remain for some time. But that’s still only 2% of what they were two decades ago. When CDs become more popular now, it’ll mean more people will scout for second hand CDs, but it will not increase the CDs available second hand, hence they will become more expensive. New CDs are produced now in much lower qualities. It’s not like people buy nowadays CDs and then return them because they didn’t really care all that much or were disappointed in the content. Nowadays, people who buy CDs — new or used — usually know what they buy and hold on to them. So an increase in CD interest will actually raise second hand prices.
None of this will effect our small film score niche much though, that’s been pretty much “stabilized” already. I don’t think it’ll have any effect on that niche within the niche.
