That's quite accurate, many of my old CDs don't read properly anymore.
"Unlike pressed original CDs, burned CDs have a relatively short life span of between two to five years, depending on the quality of the CD," Gerecke said in an interview this week. "There are a few things you can do to extend the life of a burned CD, like keeping the disc in a cool, dark space, but not a whole lot more."You can check out the full article at ComputerWorld.
The problem is material degradation. Optical discs commonly used for burning, such as CD-R and CD-RW, have a recording surface consisting of a layer of dye that can be modified by heat to store data. The degradation process can result in the data "shifting" on the surface and thus becoming unreadable to the laser beam.