The end of the CD? Virgin closing more Megastores

If the obituary hasn't already been written for the compact disc, then it will be soon.

The New York Virgin Megastore in Union Square is closing in late May or early June (a closing sale has already begun) and the Times Square Megastore is closing in April, according to a New York Times story. Across the country, the Virgin Megastore in downtown San Francisco, a three-story store full of music CDs, is closing in April.

Falling CD sales have caused Virgin and other music retailers to close in recent years. Virgin will be left with just three stores -- in Orlando, Denver and Hollywood, according to its Web site.