The decision by Clicks to shut down Musica, the self-styled “last man standing” in physical music retail, marks the end of an era as the streaming revolution wiped out the market for CDs, DVDs and hard-copy computer gaming disks. ​

It was just five years ago that David Kneale, former head of the group known more for its health-care and beauty products, said “the fact that all of our competitors have closed enables us to be the last man standing”. That has turned out to be overly optimistic as the dominance of services such as Apple Music and Netflix has grown.   ..

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