Filmed Entertainment Inc. filed for bankruptcy in Manhattan yesterday and wishes to sell Columbia House’s remaining assets, specifically the DVD Club that was still operating in the United States.
Columbia House had closed their Canadian operations in December 2010 and stopped selling music in the states to concentrate on the sale of film and television series on DVD. Click here for their August 10th, 2015 press release.
Neil Young has posted a statement on Facebook stating that “Streaming has ended for me”.
Apparently the sound quality of the current streaming services has caused him to pull his music from these services.
In another Facebook message he claimed “AM radio kicked streaming’s ass. Analog Cassettes and 8 tracks also kicked streaming’s ass, and absolutely rocked compared to streaming.” But he still has hope in regards to streaming, claiming that he would return if the quality of the sound were improved.
I personally think streaming is o.k but I still prefer listening to my own library of high quality recordings, that i’ve ripped from compact discs at a higher bit rate and stored on a local drive.
Apple‘s new Beats 1 subscription based music streaming service will start in Canada on June 30th, 2015 and will cost $9.99 per month.
The service will first be available to iOS and Windows users but Android users will have access later this year.