We've seen vinyl, 8-track and cassettes come and go. Why should the CD be any different? Side-Line Music Magazine reports that major record labels plan to abandon the CD by the end of 2012 -- if not sooner.
Apple CEO Steve Jobs has been ordered by a federal judge to answer questions in an iTunes antitrust lawsuit, according to Reuters. Jobs will respond to allegations that Apple designed its software in a way that prevented competitor RealNetworks' music files from playing on iPods.
U.S. consumers spent 5% less on consumer electronics during the last holiday season compared to a year earlier, according to a new report from NPD Group. Even at discounted prices, Americans bought fewer flat-screen televisions and desktop computers, as well as lower-end digital cameras and MP3 players, according to the report.
Samsung plans to unveil a new music player based on Google's Android platform, SamsungHub.com reported Monday. The Galaxy Player will resemble the company's Galaxy S cell phone and likely will deepen competition between Samsung and Apple.
