Kmart and Spotify reflect shift from physical media to digital streaming
What happened
The transition from physical media to digital streaming is noted involving Kmart and Spotify. One report recalls that Kmart sold physical media, such as the 'Horror Sounds of the Night' audiotape, in its Halloween displays in the 1980s. This physical sales model is contrasted with the era before digital services like Spotify became available.
From slate.com
Why it matters
The shift reflects a fundamental change in consumer behavior, moving from purchasing physical media to utilizing digital subscription services. This trend could affect the sales of physical goods and validates the business model of digital music platforms.
From slate.com
Who's involved
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- KmartSpeculative
Kmart might see consumer behavior shift away from physical media sales.
- Apple MusicSpeculative
Apple Music could see the shift validate the digital subscription model.
- Amazon MusicSpeculative
Amazon Music could see the shift validate the digital subscription model.