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Viva la consumer!! Music CD prices to drop to $9.99!

S

Stark

Diamond Member
My dad has many friends in the music industry and they're saying that things are horrible. Many LA studios are laying off staff and cutting back wherever they can. The two reasons they cite:

1. Free online music. 😱
2. Today's bands suck. 😀

For all those who didn't see the link on the msn default page:
CD prices set to take a plunge
 
/me checks calendar. Nope not April's first.

Somebody check the temperature in Hell. I think it's frozen over.
 
BTW, does MSN *try and find* the cheapest, most illogical bunch of idiots it can to post feedback at the bottom of it's articles?

Sheesh! I remember reading some of the comments at the bottom of an article about the Pressplay opening. People bitch about our hot deals ferengi...HD's punks ain't got nothing on the bottom feeders that post on the MSN site.
 
They have no one to blame but themselves. They churn out CD's, have 1 - maybe 2 decents songs and 10 CRAP ones on most CD's and they want us to pay $16 for them? People are OVER it.
 
Bands today don't suck.

The bands that MTV and the Labels push on the radio for the most part suck. Back in the day, it was okay for Motown and other labels to have a room full of writers churning out the same 3 chord progression with different lyrics. However, in today's world, people wont stand for it and will leech the one or two songs they like. When you have a team of writers creating the same song over and over for Britney Spears, Backstreet, etc., no wonder people steal the songs. The labels certainly aren't extending any extra cash trying to satisfy the consumer...so why should the consumer pay for crap?

There are plenty of bands that make good records which don't have a single song I'd skip over. Most of those, though, are independant labels or the band's own label. I don't understand why people buy CDs when they only like 1 or 2 songs on there. Everytime someone posts that they have a disc but there are only 1 or 2 good songs on there, I get upset. It's you that keeps the industry in a cycle of churning out crap. Don't buy it if you don't like most/all the songs. If you do, blame yourself for bloated prices of CDs and their sh!tty way of handling internet sharing.
 


<< i'm sure sam goody and tower records will still manage to charge you $20 for a cd >>



Friends don't let friends buy cd's from mall reamtailers.
 
i'm sure sam goody and tower records will still manage to charge you $20 for a cd

Utilize your local independent record store!!!
 


<< Somebody check the temperature in Hell. I think it's frozen over. >>



I can tell someone has never read Dante's Inferno, lol. Anyways though if this is true its a good day. I can finally buy CDs again.
 


<< Sweet $9.99, so now we are only slightly gettin ripped off. >>



yep..what does it cost to physically make a cd anyways....$0.25?
 
I've seen a few A-list titles being sold for $9.99 already in my local indie shop. Those titles are still in the numbered few but if more titles join the foray I'll be a happy camper. I only spend like $1000 a year on music...and that's for a bad year. 😱
 


<< yep..what does it cost to physically make a cd anyways....$0.25? >>

Probably, but you've got to figure in royalty and distribution costs. Still, at 9.99, they're still making money.

Edit : Anyone else notice that the popularity of the band is directly proportional to the CD price ? I bought Hybrid Theory back when it was $6.99 at best buy. They get some MTV time, some airplay on the radio, and boom, it's up to $14.99 at bestbuy.
 


<< yep..what does it cost to physically make a cd anyways....$0.25? >>


from the story:


<< If a CD sells for $13, a record company takes in about $8, of which it deducts artist, publishing royalties and manufacturing, promotional and marketing costs.

The artist generally makes between 50 cents and 75 cents per CD, while the record company clears between $3 and $4 per CD. The artist has to pay back advances paid by the record firm, further cutting the artists' royalty, which often dwindles to nothing, according to music industry insiders.
>>


Amazing. The economic reality of Supply and Demand is a good thing.
 
CDs have been artificially high in price right from the get-go. Couple that with a major decline in the quality of new music over the past five years, and you get the problems they have today. Music companies only have themselves to blame for screwing the artists for years and years, and artists have themselves to blame for their low skill high marketing ways.

At least crappy artists aren't getting rewarded in the US like they do in Canada with a 75 cent per music CD blank and 15 cent per data CD blank TAX...
 
they drop the price, but are they going to continue on their damn "copy protection" scheme? When i buy my cds, i like to rip em to mp3 and not take the physical cds to school. Waste of space for me. But at least making them $10 is a start...
 


<< They have no one to blame but themselves. They churn out CD's, have 1 - maybe 2 decents songs and 10 CRAP ones on most CD's and they want us to pay $16 for them? People are OVER it. >>


 
it actually costs less than 5 cents to press a cd. i think it actually costs more to put a color label and the book and case onit.
 
is it possible that CD prices are, in some places, $20 due to theft? I don't know what these stores buy the CDs from so I can't be sure. If you are an employee at best buy, you only get at most $1 off a CD so you can't even find out how much they cost the store.
 
If artists directly sold CDs to consumers mail-order, they could sell CD's for $3* shipped AND STILL MAKE MORE MONEY THAN THEY CURRENTLY DO.

* Without color liner notes, pressed CD in a plain jewel case or equivalent.
 

I guess a price drop was inevitable considering that most of their products were crap and their competitors offered the same product for free.
 
how do their competitors offer the same product for free?

downloading a CD from an online search engine...you're most likely getting 128kbps rips from different people using different ripping methods and variables. You burn a CD, you end up with a pretty low quality, inconsistent copy of the album.

when you buy a CD, you're getting better quality consistent sound. You also get the label on the CD, the liner notes, and jewel case. For some music it's worth it to me to spend the money to get that, but it's only about 10% of the CDs I have on my computer
 
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