The cost of LP's and CD's - an observation


Back just before CD's, Albums were usually around $6-8.00, cutout less, double albums a bit more. When CD's first came out they were 'premium' items and cost $10-15.00, slowly the prices for CD's came down and records slowly all went down to a buck or two then disappeared. Now it's reversed, CD's are a few bucks, new Albums are usually around $15 to 25.00. (I didn't figure out the inflation rate, someone else can add that in) . And those cutouts can now be worth a small fortune. I just thought this reversal was interesting. Of course with Streaming, music of any quality is very cheap.


deadhead1000

Showing 1 response by deadhead1000

I didn't realize that my original post would generate so much discussion. I'm glad. Although I was thinking to respond directly to several posts, I think I'll just add a few extra thoughts:
1) I could have expanded on the comparing the cost between LP, CD to streaming. I'll leave that to some other economist or maths guy.
2) I purposely did not try to also compare quality as that is a whole other discussion, but it's a point well taken regardless of which format each person believes is good, better, best. You get what you pay for.
3) I listen to each type of media depending on my mood, desire/ability to handle a LP, to hear something new, and whether it's background music or a 'serious' listening session. Nope, not gonna tell you which is which as that will open another can of cables.
4) I like having a choice aside from just streaming as there have been many times the internet starts to act up as just as I want to listen. And I live in a city that has good bandwidth.
5) True, when buying used, that money does not go to the artist, but he did get paid for that CD originally. Should he get paid twice, three times? I believe there was a lawsuit long ago that tried to stop the sale of used CD's, video, etc. It failed. Also, in many cases I have brought the same album 2-3 times, and also then brought the CD. Then also streaming. How many times should you pay for one piece of music - another discussion thread perhaps? Now I don't get royalties, so my opinion might be different if I was.
Have a great and safe Thanksgiving all.