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Still More RIAA News
We just did an article about the RIAA's mendacity with statistics, and here come some more: first, someone has gone to the trouble to deconstruct their income figures over the past few years, showing that the RIAA's lack of investment in new releases is in itself sufficient to explain any dropping sales, and second, this website concerning the music industry settling a price-fixing lawsuit, which I believe is this one, filed two years ago.
I'd be much more willing to buy CD's if they were not insanely expensive.
Most new CD's cost around $15-$20... Considering I usually buy a CD mainly for 2 or 3 tracks, thats about $5 or more for a single song.
Or, I could buy the singles, and pay about $5 a song
Gee, that really makes me want to buy CD's. I'll stick with Kazaa Lite, Gnutella, or something.
The only time I buy a CD anymore is when it is a small band that I want to support, and then I usually buy from their website.
Back in the mid 1980s when CDs first came out you had a choice of LP, CD, or Tape. The typical list price for a new release LP or tape was $8.99. The CD list price was $16.99.
Their reason: There was a backlog of over a year to manufacture "back catalog releases". They (record industry) said the price high price of CD was because of the manufacturing process, as well as supply and demand.
Well for CDs there's no backlog now, they use less raw material, and provide less artwork. And yet the CD price remains inflated.
Does the artist get more royalties for CD than a LP or cassette? I think not.
Stealing is not free!!
That's a misconception. It doesn't cost any *money* to steal, but stealing still has cost. Most notable is time cost -- it takes time to locate and download a song you want. And even then once you're done you can't be sure you didn't get a lot of data errors in the track or different songs in the album were recorded with different loudness, etc.
Theoretically, if the recording industry priced CDs below ((peoples' value of own time * length of time it takes to find the cd) + value of quality) then the could compete with piracy on a price level. Obviously everyone's value of their time is different so they'll never be able to get everyone. For me, if CDs cost $5-$10 I would never mess around with Kazaa, and I think a lot of other people wouldn't either. $20? No, thanks.