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The CD is considered the last dominant audio format of the album era, as the rise of MP3, iTunes, cellular ringtones, and other downloadable music formats in the mid-2000s ended the decade-long dominance of the CD. [4]
Usually defined as lasting from the mid-1960s until the mid-2000s, [1] [2] it was driven primarily by three successive music recording formats: the 33⅓ rpm long-playing record (LP), the cassette tape, and the compact disc (CD). Rock musicians from the US and UK were often at the forefront of the era. The term "album era" is also used to refer ...
3. Let the CD renew automatically. The last thing you can do when your CD matures is nothing. If you don’t take action during the grace period, your bank will likely renew your CD with the same ...
Long-term CDs tend to offer higher interest rates than short-term CDs, but not in the current high interest rate environment. You can use a CD ladder to take advantage of the benefits of short ...
The 74-minute playing time of a CD, which is longer than the 22 minutes per side [95] [96] typical of long-playing (LP) vinyl albums, was often used to the CD's advantage during the early years when CDs and LPs vied for commercial sales. CDs would often be released with one or more bonus tracks, enticing consumers to buy the CD for the extra ...
A CD ladder is a savings strategy designed to spread out your money across multiple CDs to leverage high rates without tying up your full investment into one long-term CD.
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