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Originally posted by squarenuts
very interesting- i always knew they were overpriced, especially since the cost to make a cd is a lot cheaper than a tape- and yet tapes are loads cheaper- just an example of CD companies trying to screw us over...
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But think about the difference between CDs and cassettes. Who'd want to spend $15 on an outdated, bad quality, high maintence device with no way to skip to other tracks without fast forwarding? Since CDs started becoming popular, very few people these days see cassettes as a viable option, and I'd imagine them to disappear within the decade...
Now.. about this topic... it's nice to know how record labels have been making money by charging crazy prices, and of course, that's "ok", but when they begin to loose money, the blame-pointing game becomes a factor. "Little Jimmy's not paying for out highly-priced CD with 2 songs he likes! Let's arrest him!" ... the logic behind the RIAA and other companies is just plain sickening. Sure... I can see the business model that companies need money, but at the expense of whom? To charge people $20 for certain CDs, and expect people to keep paying that much for 10-track CDs, or CDs which have few songs which the consumers want to hear... like so many things in life, the RIAA "empire" needs a serious makeover in order to continue to succeed. Lowering prices is a start, but quite a bit too late. And now that their strategies are failing, they're looking for a quick buck to make "examples' out of file traders...
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Former FTC chairman Robert Pitofsky said at the time that consumers had been overcharged by $480 million since 1997 and that CD prices would soon drop by as much as $5 a CD as a result.
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Oooh! $5 less for a CD which is still bad! Like I said, it seems a bit late to convince people that buying CDs is the way to go, since p2p networks have long established themselves as places where people can find the songs they like, rather than paying $15 for 2 "good" songs. I'm getting tired of this issue, and I hope the RIAA can grow up and stop these games of blaming people. Sorry for seeming to go a bit OT, but I'm quite sick of it all already....