Best Buy told music labels that it will pull CDs from its shelves on July 1.
According to Billboard, Best Buy only generates about $40 million annually from CDs. That means Target would only pay labels for CDs when customers buy them, rather than buying the CDs in bulk and paying for shipments of unsold CDs back to the label for credit.
With this news, it looks like retailer Target is also looking to lessen the impact from its physical media department in stores by demanding that it only pay for units that are sold.
You're also likely to see fewer CDs at Target stores in the coming months.
In addition, Target reportedly wants to change how it acquires CDs from major labels.
At its height Target carried upwards of 800 music titles but has whittled that down to less than 100 in most locations, the magazine reported. One music manufacturer is leaning towards saying no to this deal, according to Billboard. For example, a year ago Target moved 500,000 copies of Taylor Swift's latest, Reputation.
Sensex ends 309 points lower; Nifty settles at 10667-mark
Australian shares dropped 3.0 percent to their lowest level since October while South Korean shares dropped 2.0 percent. On Monday, the Indian currency closed flat at 64.07 against the U.S. currency amid sharp losses in local equities.
Samsung reported record profit last week disclosing numbers that it's chip business pulls in more revenue than the intel corp. It said as well that just 3.6 billion won had been paid in bribes, and not the 7.2 billion won the lower court had ruled.
Naidu is upset with the allocation of funds for the state in the Union Budget 2018 despite its request for additional funds. Ahead of the meeting, party MP Kesineni Srinivas said there would be detailed discussions with Naidu.
The apex court also reinstated 12 members of Parliament who had defected to the Opposition and lost their seats previous year . Human rights group Amnesty International said the court decision should be a turning point for the nation.
As Cristiano Ronaldo celebrates his 33rd birthday, we look at the seven most iconic moments of his magnanimous career. Loren Moron had a dream debut for Betis as he scored both goals which gave his side a 2-1 win at home to Villarreal.
People, including several prominent Democrats, noted on social media that $1.50 per week is not a significant pay bump. Ryan Democratic opponent, Randy Bryce, responded to Ryan's tweet while promoting a new fund-raising opportunity.
Tehran police said on Thursday that the campaign had been instigated from outside Iran through illegal satellite channels. It also states that women should cover themselves from head to toe while disavowing any figure-hugging dress.
The crash triggered fear among public that it was a terror attack in the heart of the Chinese financial hub. The police said that the driver, identified as Chen, 40, was not concentrating on the road and was smoking.
And there's no sense that Rachel Brand, the current No. 3 at the Justice Department, would be viewed any more favorably by Trump. The memo alleges that Rosenstein approved at least one FISA warrant of a former Trump campaign adviser, Carter Page.
The girl holding the firearm "didn't mean to" shoot the 15-year-old girl, he said, according to the station. He said both of the victims are 15 years of age and have been transported to a local hospital.
Swedish prosecutors had already dropped their investigation over sexual assault and rape allegations, which he denies. The 46-year-old sought refuge in London's Ecuadorian Embassy in 2012 to escape extradition to Sweden.
Adams County Deputy Heath Gumm was shot and killed the night of Jan 24 while search for a suspect related to an assault call. The governor has ordered flags to fly at half-staff on public buildings until sunset on the day of Deputy Flick's funeral.
The trailer is high on tension and low on details but thankfully we've only got to wait until tonight for the full details. Joe also interacts (via phone) with a character named Michael, who is the husband one of the astronauts.
Militant Escapes from Indian Police Custody in Kashmir
The attack ended with the terrorists escaping into the narrow lanes and bylanes of downtown Srinagar , a police official said. But while entering the hospital premises, two to three militants waiting for them opened fire injuring two cops.
A warning for party-goers this Super Bowl weekend
This simple app only has three options: call a taxi, call a friend, and identify your location for pickup. In 2016, the NHTSA recorded 10,497 fatalities in traffic crashes involving drunk drivers nationwide.
Batshuayi nets twice on Dortmund debut
Belgium worldwide Batshuayi joined from Chelsea on transfer deadlined day to replace Aubameyang, who quit Dortmund for Arsenal. He said: "We lost an extraordinary striker and gained a player who has qualities in front of goal".
Eagles offer tickets to fan who feared missing Super Bowl
"I AM OFFICIALLY GOING TO THE SUPERBOWLLLLLL", the Rutgers University student said on her Facebook page Friday night. We don't have money for a ticket, ' her mom says. "If they would have went 0-16, I would still be their friends".