That's why we felt like we were getting screwed here in these USA. A product which cost less than $3 to manufacture, a few $ to license content and then retail markup. At $20 or more for a CD, that's a 200% profit for the store if it's a big chain. Smaller stores got lesser discounts, so maybe were only marking up 100%. I was listed as a retailer for a few years with my resale tax license in NM and bought cds from smaller labels at wholesale for myself and friends in the early 90s. Why would I go to Musicland and pay $22 when I could get it for $9 at my smaller discount? Even cd covers are not nearly as cool as old LPs. BOCs Fire of Unknown Origin is one of the coolest album covers of all time.
On Tue, Nov 22, 2011 at 3:54 PM, Bryan West <[email protected]> wrote: > > > -----Original Message----- > From: [email protected] > [mailto:[email protected]] On Behalf Of Raymond E. > Feist > Sent: Wednesday, 23 November 2011 2:02 AM > To: feistfans-l > Subject: Re: Digital Publishing > > > On Nov 22, 2011, at 6:56 AM, Nick Andrews wrote: > >> The music industry did it to themselves by screwing the consumer on cd >> prices, so too bad for them. Artists and pseudo-musicians probably >> get almost as much from an itunes sale as they did from a cd sale >> costing ten times as much. And while Ticketmaster continues to >> royally screw concert goers with their ridiculous markups and fees, at >> least the bands make some decent money off of touring. Now that is >> hard work, especially for these old guys like Steven Tyler and Co! >> > > REF replied: > > LOL. They never "screwed" the consumer on CD prices. It's a common > perception from anyone who isn't in the business or who doesn't have a > degree in marketing, but that's not what happened. > > > I don't know about anywhere else in the world, but I do remember two > government enquiries in Australia in which CD prices came up. The official > conclusion was Australian consumers were being considerably overcharged for > CDs in Australia. Being an avid music fan, who has bought a lot of CDs, > during the 80's and 90's, CDs were $30, now new CDs are generally $20. > Although some music stores still sell CDs for $30. > > While not promoting piracy, the one legitimate benefit brought CD prices > back to a reasonable price in line with the rest of the world in Australia. > > Bryan > > > > > -- Nick A "You know what I wish? I wish that all the scum of the world had but a single throat, and I had my hands about it..." Rorschach, 1975 "They that can give up essential liberty to obtain a little temporary safety deserve neither liberty nor safety."- Benjamin Franklin, Historical Review of Pennsylvania, 1759 "Suburbia is where the developer bulldozes out the trees, then names the streets after them." Bill Vaughan "The price of apathy towards public affairs is to be ruled by evil men." Plato
