Predicting the Future of Recorded Music

Physical sales will still be around for a while, maybe for another 20 or 25 years — until the people who are now in their 50s reach their 70s. There are kids out there, 20 to 25 years old, who have never bought a CD. We will release fewer and fewer recordings physically as time goes by, and more and more just digitally.

Klaus Heymann's prediction spells a certain doom to me. The problem is that he is not simply a person with insight, or a person who can spot trends. He is now the leader of the pack, and the person in the driver's seat (and he has been for the last quarter of a century). He is giving us his 25-year plan which I am certain will become everybody's 25-year plan.

Read this article and see what you think.