Just my stuff

The real deal?

Leave a comment

cd.gif“And the man in the suit has just bought a new car… from the profit he’s made on your dreams…”

Industry bigwigs are lamenting the rapid drop in CD sales as they struggle to find a new workable standard for distributing music. Now here’s the thing. For those old enough to remember, when CDs first went public in the 80’s, big business told gullible consumers that music prices would soar because of the ‘required materials’ (as compared to vinyl). So we all shelled out $16.99 to $24.99 for CDs. At least, these were the new prices in Canada, as compared to about $4.99 to $9.99 for a vinyl record. And this wasn’t just for the first year or so to accomodate new production costs (i.e. factories and machinery). This was the new price, for keeps.

Then along comes the European company Naxos, selling CDs for about $3.99 to $6.99 while prices generally stayed the same with other companies. And today we can buy writable CDs (CD-R) for about 20¢ each. Were we ripped off? I’m not sure, but somehow I can’t feel too sad for big business if CD sales are now plummeting.

Here’s the story:  http://news.yahoo.com/s/nm/sales_dc


Author: Michael Clark

I'm the administrator of Earthpages.org | Earthpages.ca with a Joint Honours B.A. in Psychology/Sociology at York and Trent U, an M.A. in Philosophy and Religion at Visva-Bharati, India, and a Ph.D. in Religious Studies at UOttawa.

What are you thinking?

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s