The countdown for the extinction of CDs is about to begin

Mark Cuban says: The countdown for the extinction of CDs is about to begin: When it happens, the music industry will EXPLODE and sales and profits will go through the roof.

He makes some great points:

MP3 players are changing peoples listening habits. We dont carry folders filled with CDs anymore. We carry our library in our MP3 players. We dont listen to CDs. We listen to playlists that we adjust all the time. We dont burn CDs anymore, its too time consuming. We copy all our music to our MP3 players so its all available at our fingertips.

All of our music in a single device. Available to us where ever we are, for whenever we want it. Music how we want it, when we want it. Easy and breezy. Thats how we want to consume music.