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HMV Canada Cuts Music CD Prices
umStefa notes a CBC story reporting that the largest music retailer in Canada, HMV, has slashed prices on CDs and is attributing the move to demand by customers for lower prices. The back catalog of popular artists will see price cuts of up to 33%; the cuts average 20% across the board. The Canadian version of the RIAA is spinning the news as being a direct result of music piracy.
"The price of CDs has barely budged since they went into production."
People keep forgetting that it costs money to record music well.
The price has not changed because the cost of making a good album has not changed.
The cost of the physical recorded media has nothing to do with it.
"On the other hand, there's little of culture (or of the musician, for that matter) in today's 'popular' or rather 'engineered to be popular' music, which leaves people with little inclination to invest in such things."
Why should musicians put any effort to develop their music beyond the hobby level if there is no money in it?
To make great music and be a great musician takes skill and time, and does not leave much for a day job.
You are getting terrible mass produced music because there is no respect for the copyright of good musicians.
It's just not worth making a career in music anymore.
So you get half assed hobby level stuff or pop pap.