The CD player is dead. So says Linn Products, the high-end audio specialist based in Glasgow which for 20 years has been making .. CD players.
The reason: its audiophile customers have moved, with alacrity, to hard drive-based systems – its DS “streaming players” – that allow them to encode their entire CD collection in order to play any track at will.
“We introduced our streaming players two years ago, and thought they would be slow to take off,” says Gilad Tiefenbrun, Linn’s managing director who is the son of the original founder, Ivan. “But sales of CD players have declined 40% year-on-year, while streaming players now make up 30% of our total business. It’s unprecedented growth.” The growth in those sales has come while overall revenues have remained stable, he added.
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