Can the drop in music sales be explained by Michael Porters Product Life Cycle and will the CD in the near future be replaced by mp3?

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Contents 1. Contents 2. - Introduction - Objectives - Problem definition - Sub-questions 3. - Demarcation - Has the quality of music decreased? 4. - What were the causes of the CD replacing vinyl? - What advantages does mp3 have over CDs? 5. - What advantages does mp3 have over CDs? - continued 6. - Are there any similarities between the transfer from vinyl to CD and the suspected transfer from CD to mp3? - Do mp3 downloads affect CD sales …

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…S. Manufacturers' Unit Shipments and Value Chart, http://www.riaa.com/news/newsletter/pdf/2003yearEnd.pdf. Sinnreich, Aram (2000). Record Labels Must Embrace Networked Music Sharing, www.jupiterresearch.com Stavrinos, Ignacio (2003). Digital Music Distribution, An Overview, www.ignatiosbrain.com. The Wall Street Journal (2005). Music Not Much to Sing About, www.wsj.com. The Washington Post (2005). 10 Million iPods, Previewing the CD's End, www.washingtonpost.com. Zentner, Alejandro (2004). Measuring the Effect of Online Music Piracy on Music Sales. 13