A Little Hypocrisy?


How would you respond to the record company exec who say -

"I look on the Audiogon web site and I see people buying and selling $5,000 cd players, $10,000 speakers, even cables and wires for several hundred dollars per linear foot. Nobody complains about those kind of prices. Yet you complain about cd's costing fifteen to twenty bucks. What gives?"

I include myself in for this criticism, but I'd be fascinated to hear how anyone else would respond to this.
kinsekd

Showing 3 responses by prpixel

I purchase CD's directly from a distributer. My cost: $5 to $6 per disc. It's not the record companies marking up the disc it's the retail outlet. Circuit City sells CD's for $9.99 and they are making a 100% profit. So, when you go into a store to buy a CD for $19.99 take my advice and lube up in the parking lot because your about to get f______d.

P.S. royalties for artist range between 2-15% of the price the distributor pays. About 0.10 to $0.90.
Hey, did anybody read an article is Stereophile a few months ago where record companies wanted charge everybody that has an internet connection like $17.00 to make up for lost sales due to piracy? In addition, the wanted to charge every consumer like $120.00 for past acts of copying. That proposition went about as far as I could toss W Bush.
Phild,

I have a friend that sells cd,s over the internet. He has a few catalogs that are like 1" thick. Occasionally, I go throught them and pick out 20 to 30 disc. Granted, the big megastars latest releases are usually in the $7-9 range. However, I just got the new James Taylor for $6.89 ($14.99 at Best Buy). The usual rule is take the price that Best Buy is selling if for and multiply by .4 to get the distributor price. Some popular CD are selling for 3 times the distributor price. I have over 5000 CD's and add about 30-40 a month. I would have to seriously curtail my spending if I was paying for retail.

P.S. - I build my own CD racks; seems like I'm building one every 6 months.