SECOND LIFE TALK

[sammyboypa]

Wonder if this has something to do with the internet? LOL!!! I suppose everyone in the music industry will be looking for other ways to make sales.

AP
Music distributor Handleman abandons N. American market
Monday June 2, 11:48 am ET
Plunging CD sales leads music distributor Handleman to leave N. American market


TROY, Mich. (AP) -- Handleman Co. is abandoning its North American music distribution business in a move that will eliminate 260 jobs mainly in Michigan and Indiana.
The Troy-based company said Monday it has agreed to sell its music inventory and other assets related to its Wal-Mart business to Anderson Merchandisers LP of Amarillo, Texas. Bentonville, Ark.-based Wal-Mart Stores Inc. is Handleman's biggest U.S. customer.

President and CEO Albert Koch says CD sales have fallen at double-digit rates for several years, both industrywide and at its customers' stores.

Handleman says most of the 260 jobs to be cut are at company headquarters in Troy and at its distribution facility in Indianapolis.