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Columbia House Closes After 71 Years | Calgary News

Columbia House Closes After 71 Years | Calgary News

Published 1 week, 5 days ago
Description

Columbia House, the legendary record club that sent you stacks of albums for a penny, is shutting down forever on September 15th after 71 years — from its 1955 launch to its final days as digital streaming erased its business model. At its peak in 1996, it shipped 16 million units and raked in $1 billion, riding the wave of rock ‘n’ roll and evolving with 8-tracks, cassettes, CDs, even DVDs. But the internet, file sharing, and iTunes doomed it — even after bankruptcy and pivots to Blu-rays, it couldn’t adapt fast enough. The end of an era: a nostalgic symbol of how music delivery once worked — and how much the industry has changed.

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