Future Music is reporting that EMI, Warner Music Group, Universal Music Group, and Sony have teamed up with SansDisk to introduce the new "slotMusic" album format (whoever came up with that name should be kicked in the groin and fired). The format will make available albums for purchase in a compact memory card format like the one used in your digital camera.
I'm not entirely sure what the point of this is, especially since it costs the consumer the exact same amount as an album in CD format and the files on the slotMusic card are in MP3 format. Why on earth would someone pay $5 more for MP3's just because it comes on a tiny, easy to lose memory card? I think these companies are in for the same sort of thing that happened when they tried to release albums on Minidisc format - ie no one bought them and the format died a quick death as a consumer format.
Am I wrong on this? Does the idea of this format appeal to people?