>First, the move to (sonically over-rated) CDs enabled the record 
>companies to raise their prices dramatically, from $9 per album to $16 or 
>so. At the same time, they forced artists to take less, telling them the 
>money was needed instead to help promote the new format.

And don't forget, when CDs first came out, the music cartel was wilding 
claiming that once it was accepted, it would enable the price of music to 
drop to about half that of audio tapes (which were at the time the 
"cheap" format for music, costing about $7 a tape since you got noticably 
lower quality than records and no cover extras like the art, pics, and 
lyrics).

Of course, once people got used to the "phase in" higher price of CDs at 
$16 a CD... why on earth would anyone lower the price to $4 a CD and make 
a mear $3 profit when they can leave it at $16 (and higher due to 
"demand") and make a solid $15+ profit.

-chris
<http://www.mythtech.net>

___________________________________________________________________________
To unsubscribe send a mail message with a SUBJECT line of "unsubscribe" to
<[EMAIL PROTECTED]>  or  <[EMAIL PROTECTED]>

Reply via email to