A rack for storing and displaying a plurality of recorded media, such as compact discs, in a vertical array. The rack has upper and lower sections, each of which has a plurality of vertical spaced compartments for slidably receiving the recorded media therein. The lower section is mounted on and extends upwardly from the base. Latching detents are formed on the top of the lower section and provide a snap-fit engagement with the bottom of the upper section to join the sections in a vertical stacked relationship. The upper and lower sections are substantially equal in length and can be placed in a disassembled knockdown condition juxtaposed to each other for storage and shipment to reduce the size of the storage box.