CD music warehouse to shut down; 248 jobs lost
February 10, 2012 4:30PM
Updated: February 10, 2012 11:40PM
FISHERS, Ind. (AP) — Sony DADC Americas says it will start shutting down its Fishers compact disc warehouse in May and will lay off all 248 workers by September.
The New-York based company announced its plans Friday. It said employees were notified Wednesday.
The Indianapolis Business Journal reports the distribution center handles compact discs for EMI Music, Universal Music and Sony Music.
A company spokeswoman says CD sales have fallen dramatically in recent years while more consumers switched to digital downloads to listen to music.
The IBJ says Amarillo, Texas-based Anderson Merchandisers LP will pick up Sony DADC’s distribution agreements and service them from a distribution center in Franklin.
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