Best Buy is still selling CDs after all.
Despite numerous media reports over the weekend, and a story published by Billboard magazine in February, Best Buy said Monday that select compact discs will still be available in its stores.
“The way people buy and listen to music has dramatically changed and, as a result, we are reducing the amount of space devoted to CDs in our stores. However, we will still offer select CDs, vinyl and digital music options at all stores.”
In 2016, streaming made more money in the U.S. music business than all other formats combined, according to the Recording Industry Association of America.
The Verge reported Best Buy made about $40 million annually on CDs.