CDs could soon go the way of 8-tracks. According to the Associated Press, music could be sold on finger-nail sized memory cards in a new format called “slot music.” Major music distributors like Best Buy and Wal-Mart as well as major record labels like Sony, Universal, and Warner are pushing for the format change. They’re also keeping their fingers crossed about the new technology. Record labels need to adapt to the changing times and CDs are to music what VHS is to video. CNN.com also reports that the same record companies are working with social-networking site MySpace to create MySpace Music, a site that enables users to sample music for free via the web. Both changes come in the wake of a 19 percent drop in CD sales in the past year. —Myles Hutto
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