“With the storage size of hard disk drives (HDD) continuing to rise every year, and cloud storage becoming popular, demand for optical discs has been declining a lot faster than expected, and the company is already seeing almost no profits from the business.”
See Taiyo Yuden to end optical disc businessI’m rather nostalgic about CDs. In the 1990s, pre-Flash and with dial-up, they were an essential part of the growth of IT and in particular FLOSS and GNU/Linux. My first installation of Caldera GNU/Linux in 2000 was to/from CDRW. The Internet connection at that school was ~3kbits/s. It took 10 days of nights and weekends just to download the .iso file to burn the CD. Now I could burn a CD every 15 minutes, if I had a burner on Beast. I think there are only two in the house and it’s been years since either one was used to read a CD let alone burn one.
I remember the first CD drive I owned. It was 1X and a “door-crasher” special at a local big box retailer for $70. My young son and I went early but we weren’t first in line. The unruly crowd practically stampeded around us when the doors opened. I leaned back to hold them back and my son ducked under a table for safety. We used that drive for nearly a decade before it died. Later, CDs and drives became much more capable, reliable and cheaper. Then came a copyright tax on CDs… We were punished for using CDs to store/transfer FLOSS with a legal licence as if we were illegally copying Hollywood or the music business’ stuff. Now everyone’s streaming everything on the web. We used to buy CDs by the stack of ~100. I still have envelopes I used to protect them. I still have racks for holding them. I can’t remember the last one I bought. It must have been five years ago or more. Now Flash drives do the job.