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Saturday, October 28, 2006

EMI Music CEO says the CD is 'dead
"EMI Music Chairman and Chief Executive Alain Levy Friday told an audience at the London Business School that the CD is dead, saying music companies will no longer be able to sell CDs without offering 'value-added' material.
'The CD as it is right now is dead,' Levy said, adding that 60% of consumers put CDs into home computers in order to transfer material to digital music players."


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