Ze used our newssubmit to tell us that CNN features an article that talks about something almost every consumer wants: Lower CD prices.
The article tells us the explanation (That doesn't really make sence) why record companies are still asking way too much for audio CD's. The author of the article spoke with a large record label president:
With a sigh, he explained why. A longtime and well-regarded American band he had just signed would have its new summer release priced at the standard $18.98 list price. But a young, punkier act he was hoping to break would list for $12.98. Older fans of the veterans, he said, would pay extra, while the latter band's teen fans would only be able to shell out so many dollars. |
Finally, someone in the business admitted what anyone who walks into a record store has known for years: CD pricing makes no sense whatsoever -- and, in fact, it seems completely arbitrary. List prices extend from $18.98 down to $12.98 depending on the musician and record company. The worst offender by far is the Universal conglomerate, which had the nerve to just RAISE the prices of new albums (Ja Rule, Ludacris, the ''Scorpion King'' soundtrack) by a buck, to $19.98. Call it Ja nerve.
The author also writes that he doesn't expect the record companies will ever learn and I think he is right; as long as people are willing to pay enough money, the record companies will keep asking big bucks.
I think one of our frequent visitors (fb-) has something to say about that
Source: CNN.com
