tj2010 and ckin2001 both provided us with a link to two interesting ads (1, 2) that appeared in today's New York Times "Business Day" section purchased by pop music magazine 'Rolling Stone':
Squeaking by on a 4000% mark-up |
"Somewhere in Malibu, a music exec lies on his $7000 Mies Van Der Rohe daybed, whimpering because album sales are down.
A CD costs roughly 40¢ to produce and package, and despite charging twenty bucks for it, he's losing his Commes Des Garcons shirt. Premature releases featuring one good song plus forty minutes to forget won't garner much sympathy. Won't fill that six car garage either.
Maybe you should charge more. No wait, you already tried that.
Rolling Stone"
Rolling Stone operates a series of streaming Internet radio stations. However, the magazine does in fact generate significant revenue from record label advertising. It will be interesting to see what kind of reaction this criticism in such a mainstream venue as the Times might elicit from labels.
Source: RAIN
