An anonymous reader quotes Complex magazine: The future of physical music isn’t looking good. According to Billboard, consumer electronics company Best Buy will no longer carry physical CDs and Target may be following suit in the near future. Best Buy notified music suppliers that they will cease selling CDs at stores beginning July 1. The move is sure to hurt the already declining sales of CDs as consumers are switching to streaming platforms such as Spotify, Apple Music, and Tidal in large numbers. CD sales have already dropped by a sizable 18.5 percent in the past year, Billboard reports. Billboard also reports Target has given an “ultimatum” to music and video suppliers. “Currently, Target takes the inventory risk by agreeing to pay for any goods it is shipped within 60 days, and must pay to ship back unsold CDs for credit… Target has demanded to music suppliers that it wants CDs to be sold on what amounts to a consignment basis…” “If the majors don’t play ball and give in to the new sale terms, it could considerably hasten the phase down of the CD format.” Read more of this story at Slashdot.
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Are Music CDs Dying? Best Buy Stops Selling CDs
Susan Mauldin, the person in charge of the Equifax’s data security, has a bachelor’s degree and a master of fine arts degree in music composition from the University of Georgia, according to her LinkedIn profile. Mauldin’s LinkedIn profile lists no education related to technology or security. If that wasn’t enough, news outlet MarketWatch reported on Friday that Susan Mauldin’s LinkedIn page was made private and her last name was replaced with “M”, in a move that appears to keep her education background secret. Earlier this month Equifax, which is one of the three major consumer credit reporting agencies, said that hackers had gained access to company data that potentially compromised sensitive information for 143 million American consumers, including Social Security numbers and driver’s license numbers. On Friday, the UK arm of the organisation said files containing information on “fewer than 400, 000” UK consumers was accessed in the breach. Read more of this story at Slashdot.
An anonymous reader writes: Universal Music Group is being sued by HypeForType, which accuses the record label of using “pirated” copies of its fonts for the logo of The Vamps. The font is widely used for artwork, promotion material and merchandising of the popular British band, and the font creator is looking for a minimum of $1.25 million in damages. The font maker has filed a lawsuit accusing the major label of using its “Nanami Rounded” and “Ebisu Bold” fonts without permission. According to a complaint, filed in a New York federal court, Universal failed to obtain a proper license for its use, so they are essentially using pirated fonts. Read more of this story at Slashdot.
An anonymous reader shares a post: Chromium, the open source project behind Google Chrome, Opera and several other browsers, is going to support MP3. This would enable users and websites to play MP3 files in Chromium browser. A Chromium contributor informed about this, “We have approval from legal to go ahead and move MP3 into non-proprietary codecs list.” The MP3 support in Chromium is targeted for version 62. Read more of this story at Slashdot.