.
Cd's and vinyl will live at least another 50 years because hard-core audiophiles will never give in to the inevitable changes. However, as a viable medium of choice for the general public, the cd has one foot in the grave and the other one on a banana peel. Do a little survey of people that you know that buy music that are not audiophiles, you'll find that cd's are passe and old technology. The overwhelming bulk of music is not bought by audiophiles. Cd's and vinyl will always have a place in the high end, but its days of mass market appeal are dwindling rapidly.
10-10-11: 77jovian
My brother is a university music professor. He made a CD compilation for his students and most had no device to play the CD.
The above quote is a harbinger of things to come, the younger generation could care less about a cd player, much less a cd. Digital players are constantly getting better, smaller and more portable.