Does physical material matter anymore?

One thing that is apparent is how consumers are going for digital items when it comes to movies and music over physical products such as CDs. I think this is due to 1. The price as people can pay less for digital items than physical. 2. It is more convenient to buy music digitally as it means you can stay at home and do something else. Also since no one uses CD players these days due to portability and size, CDs are no longer needed, so it would take a longer amount of time to get your CD onto a computer and upload the songs to put on your new mp3 player.

I think that their is also a certain aesthetic feel of having a collection of physical CDs and DvDs which you will not find in digital products. So is it a good idea to get start digital formatting? We have already seen that this spawns millions of pounds lost through illegal downloading, but do digital stores such as iTunes deliver enough to save the industries? In my opinion it helps give allot back to the worlds music and movie economy by being the biggest retailer of music in the US followed shortly by Walmart. This to me displays how music and video has changed as a medium ans is no longer about peoples enthusiasm for the physical product, but for convenience.