The Diskery is going out of business

The Diskery is going out of business

The Diskery, one of the first pioneering retailers to sell music online, will cease its business on December 12, after almost 15 years.

Started in December of 1997, Diskery.com, back then, was state of the art with a modern dynamic database, music samples, photographs, accepting every credit card going and delivering fast. After several modifications and upgrades it continued on through the years expanding its distribution and catalogue, reaching its height as the crown jewels of parent company Emperor Multimedia Corporation in 2006.

Diskery is one of a handful of music e-tailers which never charged artists a fee to join their system; furthermore there has never been a big named commercial artist in the database: it was a system for indies by indies.

Diskery president and founder Derek McDonald explained: "As of late we have had the perfect storm with CD sales on a free fall decline, music piracy continues uncontrolled, world economies in recession, and the ever present relentless drive of new technology makes this a difficult trade. In order to continue we would need to invest a massive amount of capitol and time to re-write our computer code, upgrade the servers, obtain new warehousing, you name it! Selling MP3's is out as Apple cornered that market, vinyl has not recovered to its former levels, cassettes are all but gone and CDs are on the way out. Invest all of that effort to sell what? With this knowledge we were forced to conclude that perhaps we should get out while we still can".