It's funny...I have a friend in "the Biz" who works as a "supply chain coordinator" for a major musiv company, and we discussed this issue just this past Saturday night. He told me that he truly believes that the major labels are purposely trying to kill off the CD format in favor of digital downloads. I find it peculiar that the companies have totally embraced the format they believed would kill the music industry as a whole. I imagine that the biggest reason for this is that the labels now expect to recoup the "billions" they believe they have lost through piracy by having no costs for pressing and distributing physical media
I will miss the format for reasons everyone here was put forward. I have a huge amount of music on my iPod. I'm not a big fan of Apple, but the iPod is the "holy grail" I had been hoping for since my early teens (a million years ago): I am able to carry a huge amount of my music with me. Owning "physical media" is still a big deal for me. Besides having liner notes and photo booklets and artwork, I look at the CD as a physical "backup" of everything I own in the MP3 format. I don't have to burn anything to CD-R for safekeeping. I'll be the first to admit that I have some CDs on my iPod that were given to me in MP3 format without me owning the physical CD at first, but EVERYTHING I've acquired that way gets purchased on CD when I like what I hear (everything else gets deleted). I can't tell you the number of CDs I've bought this way (many of which I've had to pay quite a premium to own). The artist gets his or her deserved royalty, I get my physical backup, I don't have to "rip" the tracks myself, and I have the peace of mind that I haven't done anything illegal.
I'd like to point out an interesting idea that several "smaller" acts I enjoy have implemented. I listen to a huge number of symphonic hard rock/heavy metal bands with female vocalists, most of which have no footing in the American market (it's a HUGE list). I have to purchase their CDs on from the band's website. The part I love about this is that aside from some shipping charges (nothing too outrageous, mind you), the CDs usually cost about ten dollars. The kicker is that after the order is placed, the band sometimes provides a link to high-quality MP3s or FLAC downloads for me to enjoy while waiting for the CD to arrive (Magion and Noctura are two such bands that provided this service). Earlier this week, I discovered that an act I wanted to hear offers their latest album for FREE on their website. They don't even have CDs pressed yet, but rest assured that I will buy it if/when they eventually release it.
I had conversations with folks many years ago when the CD format was born, and most were convinced that CDs would NEVER replace vinyl. Look what happened! I realize that LPs have made a "comeback" of sorts, but it's a niche market. We're on the cusp of this happening again with the impending "demise" of the format, and I will hate to see it go.
Sorry if I'm "rambling," but it's VERY early...
