Slashdot Mirror


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.

32 of 271 comments (clear)

  1. Right... by PunkOfLinux · · Score: 4, Insightful

    Because, as we all know, customers who want CD's at a decent price are OBVIOUSLY pirates...

    1. Re:Right... by Otter+Escaping+North · · Score: 5, Insightful

      Because, as we all know, customers who want CD's at a decent price are OBVIOUSLY pirates...

      You know - I'm living in Canada, never used p2p or anything like that to download music...don't consider myself a pirate at all. Happy to pay for the materials I want. Upon hearing HMV is slashing prices - I rejoice and head to the website.

      The White Album is still forty-five freakin' dollars!

      Piracy causes lower prices then, does it? I guess I just haven't been doing my part.

      --
      Running Windows^H^H^H^H^H^H^H OSX and Linux in the home. (I don't have time for Solitaire any more.)
    2. Re:Right... by Anonymous Coward · · Score: 3, Funny

      The White Album is still forty-five freakin' dollars!

      What's your problem? You don't want John Lennon to have to get a day job, do you? He'll have to stop writing songs!

    3. Re:Right... by AGMW · · Score: 4, Interesting
      Now, call me old fashioned, but isn't The White Album quite an old album? Didn't they make a killing on it from the original vinyl, then again on tape, 8-track, MD, DAT, and now CD. Surely this is just milking the populace?

      This is the problem the recording industry has got: The 'n'th pressing of some old album onto a new media ought to be cheaper than the original, as they haven't had to re-do anything, other than maybe shrink the album cover to fit a CD. What is the cover of The White Album anyway [googles] Hmmmm. OK. Can anyone guess?

      So they accuse us of pirateering, and we accuse them of profiteering! It's a racket and they know it is. The whole screaming and shouting about pirate downloads et al is just a smoke screen in the hope we don't realise they've been shafting us for years!

      As has often been said, they need to wake up and smell the coffee! Cheaper CDs in the shops - say £5 a CD - would likely mean people buying 3 CDs. Pile 'em high and sell 'em cheap!

      Or wander over to sellaband where you can help unsigned artists get into a top studio by pre-buying their next CD for $10 (10 US Dollars), and you get a (small) cut of sales, Ad revenue, and downloads. Might not amount to much, but if they're as good as you think they are, who knows!

      Pop into my Sellaband Shop for some free downloads right now, or buy tracks for 50 US cents for DRM free quality mp3s.

      --
      Eclectic beats from Leeds, UK
      handmadehands.co.uk
    4. Re:Right... by pokerdad · · Score: 5, Insightful

      They are lowering there prices because everybody has caught on that they are really high.

      If only this were true. Once upon a time HMV was a music store that screwed people. Then people stopped buying music there so they started selling DVDs. Just last month they added video games to the mix. I was in an HMV last month, perhaps 25% of the shelf space was for music.

      This cut isn't because HMV has figured out what they were doing wrong, its because they make all their money off of DVDs and games and the few CDs that are left in the store are stealing valuable shelf space. Despite the fact they continue to market themselves as a music store, I think its just a matter of time before the music is gone.

    5. Re:Right... by gemada · · Score: 3, Insightful

      Exactly true. HMV has been by far the most expensive place to buy music in Canada since the 80's. no one buys music there, which is why they switched to selling DVD's and are now probably just lowering the prices on CD's to clear out their stock of anything that isn't Top 10.

    6. Re:Right... by Pig+Hogger · · Score: 4, Informative

      Just to point out that HMV is grossly overpriced compared to other places like Future Shop or A&B Sound.

      The CRIA should give their heads a shake. Don't kid yourselves, the members of CRIA are probably similar to the members of the RIAA, and are equally an evil lobby group.

      The CRIA is actually mostly formed by the RIAA members, and as so is totally unrepresentative of the canadian music "industry".
  2. Cheaper music? by Gr33nNight · · Score: 5, Insightful

    So in other words, if people keep pirating, then CDs will be cheaper. Sounds like a win-win to me.

    1. Re:Cheaper music? by UnHolier+than+ever · · Score: 4, Funny

      As a consumer, I DEMAND that the price for replicas of 16th centuries galleon, complete with functioning cannons and a well-trained and bloodthirsty crew, be lowered! Otherwise I will, you know....pirate..... *duck and covers*

  3. Crazy Canada by j00r0m4nc3r · · Score: 4, Funny

    is attributing the move to demand by customers for lower prices

    Holy shit. In Canada, all consumers have to do is demand lower prices and they get them??

    1. Re:Crazy Canada by PlatyPaul · · Score: 4, Funny

      Well, it just depends on how loudly you demand it. And if you have your Demanding Stick with you when you do.

      --
      Misery loves company. Online misery loves unsuspecting random strangers.
    2. Re:Crazy Canada by Dixie_Flatline · · Score: 3, Insightful

      Actually, we're consistently ripped off. Right now, we're being told that despite the fact that the Canadian dollar trades at between $0.93USD - $0.96USD, prices for goods are still high because inventory was bought when the dollar was low. It's complete BS. High price electronics, for instance, are still several hundred dollars more than in the US. (The only reason I know this is because a friend of mine is aghast that a TV that he wants is almost $800 cheaper in the states. And he can't buy it there and have it imported; nobody will sell to a shipping company. After tax and shipping, the TV is still cheaper, but it's not worth the time anymore. :P)

      Prices should have come down a long time ago. These are not the days of the $0.65 Canadian dollar anymore.

  4. Only fair by Borealis · · Score: 4, Insightful

    Piracy is a direct result of unreasonably priced music so I don't think they're going to garner a lot of sympathy.

    --
    Unbreakable toys can be used to break other toys.
  5. No Piracy by whisper_jeff · · Score: 5, Informative

    The Canadian version of the RIAA is spinning the news as being a direct result of music piracy.

    They can spin it however they want, but it's legal for Canadians to download music. It's part of the reason behind the tarifs we pay on storage media (as much as $25 on an iPod, for example). I'm paying for my right to download music, thank you. Now be sure to give my money to the artists and not line your own damn pockets.

    1. Re:No Piracy by kebes · · Score: 5, Informative

      It's part of the reason behind the tarifs we pay on storage media (as much as $25 on an iPod, for example).
      Actually the levy on blank media stands (though it was recently reduced), but the levy on iPods was challenged and overturned. Apple has a page explaining that the levy was overturned and how to request a refund if you paid it.

      (Unfortunately, the $ millions overpaid by Canadians on the blank media levy will apparently not be refunded to consumers.)
  6. CD Prices and Slothful Government by Stanistani · · Score: 5, Insightful

    So when will CD prices dip below DVD prices?

    Also, from TFA:
    "A succession of Canadian governments have sat on their hands and done nothing," he said.

    Excellent. That's the best kind of government. The type that doesn't make laws just to please some industry group.

    1. Re:CD Prices and Slothful Government by kebes · · Score: 5, Insightful

      because the cost of movie production involves orders of magnitude more people and money that of an album?
      This is probably obvious to most of us, but it bears repeating:

      The fact that a CD and a DVD cost the same amount, even though the production costs are orders-of-magnitude different, means that:
      (1) A CD album sells far fewer copies than a DVD of a movie does. Thus, the price needs to be higher to recoup costs; or
      (2) The price we pay is not really correlated to the production cost. In particular, the claims that the cost of a CD is required to pay all the people involved in the production of the work is greatly exaggerated.

      We all know that a merchant feels no particular desire to sell something at a lower cost if people are buying it at a higher cost. In that sense, the cost of goods is never correlated to the production cost, but only based upon the price the market is willing to bear.

      On the other hand, in any sector of the economy where there is competition the price of a good on the free market will be driven down closer to the production cost, because one company will always be willing to undercut another company, right up until the point where they can no longer pay for production (and staff, and reasonable return-on-investment, etc.). However, where there is no competition, the price can be inflated arbitrarily high above the production cost.

      Again, it's pretty obvious, but I'll say it anyways: The high price of CDs and DVDs is because the market is dominated by a monopoly, devoid of competition.
  7. direct result of music piracy. by oliverthered · · Score: 4, Interesting

    Let's here it for music piracy, the only thing that's putting some competition into the market.

    --
    thank God the internet isn't a human right.
  8. Well, this shows SOMEBODY gets it by CellBlock · · Score: 3, Insightful

    At least things work as they should somewhere. It finally dawned on them that "Hey, people don't always steal music, and when it's cheaper, they buy more."

    It's quite sad that this has to be such a stunning revelation, actually.

  9. Capitalism by SighKoPath · · Score: 3, Insightful
    FTA:

    Other countries, including the U.S. and Britain, have been able to stem the tide of illegal downloading by updating laws and increasing enforcement, he said, but calls from the recording industry for updated copyright laws in Canada have gone unheeded.

    "A succession of Canadian governments have sat on their hands and done nothing," he said.
    This is one of the few times I wish the US could be more like Canada. Capitalism? Competition? Free market economy? What's that?
  10. Rising Dollar by doconnor · · Score: 4, Insightful

    It is probably not the result of piracy but the result of the rising Canadian dollar (or the falling US dollar), meaning that the Canadian dollar is nearly at par with the US dollar, so people expect the prices to be nearly the same.

  11. Somewhere in Bentonville... Always lower prices by Animats · · Score: 4, Interesting

    Somewhere in Bentonville, Arkansas, a Wal-Mart executive is deciding how to respond to this pricing move. When the decision is made, calls will go out to record companies, telling them what Wal-Mart is willing to pay. That's what really scares the RIAA.

  12. Lower prices reflect true costs by TrentTheThief · · Score: 3, Interesting

    The action to reduce the price of CDs actually brings the cost more in-line with what the true cost should be. For many years RIAA included marketing of a group was factored into the cost of the CD/Tape/Album.

    Well, I call shenanigans on that. When is the last time you saw any marketing for any of the older groups? The only time they do anything is to pump up sales of re-masters or collections.

    If they lowered the price to USD$8-10 a CD, I'd consider buying some of my old favorite groups. But for now, I have my XM and a steady supply of music that's free of bullshit-interruptions and asshat DJs. Spend USD$18 for a CD? No way, not even for a group I truly enjoy. That's pure and utter BS.

  13. Prices were unreasonable by Anonymous Coward · · Score: 5, Insightful

    This also just helps bring Canadian prices in line with American prices for the same products. We have always been getting ripped off and over the last year as the Canadain dollar has risen the prices have become more and more unreasonable.

  14. Re: "More like Canada" by Dystopian+Rebel · · Score: 4, Insightful

    This is one of the few times I wish the US could be more like Canada.


    Yeah, I would never want to change the poverty and disastrous education system, the lack of health insurance for most people, the broken two-party political system, the prison system with highest rate of incarceration in the world, military profiteering and the $34 TRILLION debt load...

    But it sure would be great if CDs cost less in the USA.
    --
    Rich And Stupid is not so bad as Working For Rich And Stupid.
  15. Its just following other forms of Entertainment by Froster · · Score: 3, Informative

    No, its not the dollar (though that will help a bit of course), but the cost of CDs has stayed somewhat high, while the cost of movies has dropped, DVDs are getting cheaper all the time, and video games seem to have hit a ceiling. That, in addition to HMV loosing its leadership position in music sales to Walmart, Future Shop and BestBuy, makes HMVs traditionally high prices seem rediculous. Why would I pay $13 for a CD at HMV, when I can get it at Best Buy for $10, and I can buy the concert DVD elsewhere for $18? HMV has had some good sales with their 2-for- or 3-for- sales, but the majority of CDs in their stores are sitting in the racks at regular sale prices much higher than anywhere else.

    1. Re:Its just following other forms of Entertainment by m0nkyman · · Score: 3, Informative

      I'm guessing it's been a while since you bought a CD at HMV. 13$ is about half of what they're typically charging for anything outside the top ten list.

      --
      ~ a low user id is no indication I have a clue what I'm talking about.
  16. Re:A slightly different take by R2P2 · · Score: 4, Informative
    The Globe's article is also nice enough to point out that HMV's lower prices still aren't really "low":

    Whether it will be enough to change listening habits is another matter. It still often costs about half the price to buy the music online. For instance, Fleetwood Mac's Rumours costs $19.99 now at HMV, down from $24.99, but only $7.92 on iTunes. David Bowie's Rise & Fall of Ziggy Stardust? Now $19.99 at HMV, but only $10.89 on iTunes.
  17. Re:Movie vs CD by Kandenshi · · Score: 3, Interesting

    A lot of people complain and say they listen to indy artist, and while I can appreciate a good song. How do you find these artist? Everyone know's Gwen Stephanie, and whoever is on the top billboards, and they are there more or less because of the amount of money that was dumped into marketing. I've been finding most of my indie music from the commentary and content of Jeph Jacques's "Questionable Content", a 959 page(and growing!) webcomic. Jeph's a music dork, and a number of the characters in the webcomic are music nerds too. While we don't always agree on what makes a good album he and his characters have introduced me to quite a few new bands I'd never heard of before. He makes some of his own music too, which I think is worth a listen.

    Pitchfork Media might be of use as well, a music review website that covers alot of indie CDs. I trust it somewhat less than I do Jeph, but it can at least expose you to music(good or bad). Their reviews can be ... a little bit pretentious at times, but one learns to just deal with that over time. Other random websites sometimes, or talking to some of my friends(trading music back and forth) are other sources for joy.

    It's a grassroots sort of marketing style for sure. One has to actually go out and LOOK for the material in order to learn about it. But the resources are out there, if you are willing to put a very mild amount of time into it. Gwen Stephanie? I wouldn't cross the street to get her entire discography for free. Not even if it was in FLAC or high quality ogg vorbis files!(gasp)
    Personally, I've been happier reading QC and hearing about Broken Social Scene or The Postal Service or Battles or The Fiery Furnaces or or or... Well, you get the idea. I'd never heard of these bands until I started reading QC, and now the "Indie" folder on my computer has works from many dozens of artists.

    If you want some music suggestions send me a msg, I'll fire off the names of some favoured bands that you can check out. >=}
  18. Re:What unbridled optimism, by whitehatlurker · · Score: 4, Funny

    and its spelled right

    But "it's" isn't.

    --
    .. paranoid crackpot leftover from the days of Amiga.
  19. More Insightful Article on Why HMV's Doing This by theshowmecanuck · · Score: 5, Interesting

    This article from the Globe and Mail provides some more interesting insight into why they are doing this.

    However it raises more questions. Like if younger people are buying more old Pink Floyd albums (errr... CDs), why is HMV charging $10 dollars more than newer CDs? After 30 years on the market you would think that 'Dark Side of the Moon' or the 'Led Zepplin' CDs had made their money and maybe could be reduced to the price of say, a CD produced in 2007?

    And for those who don't know, HMV is the Canadian equivalent of, for example, the chain of Virgin record stores. In fact, HMV recently took over the Virgin location on the corner of Burrard and Robson in downtown Vancouver.

    --
    -- I ignore anonymous replies to my comments and postings.
  20. Actually in Canada downloading music is not piracy by hung_himself · · Score: 3, Insightful

    Just a reminder to our American readers, it is legal to share and download music in Canada and it is not piracy. This is a result of a the Canadian version of the RIAA's successful past pressuring of the government resulting in the imposition of a blank media tax. The proceeds are supposed go to the artists to compensate for loss revenues from sharing of music. As I understand it, the courts have deemed that sharing music via the internet is no different than copying a CD and giving it to a friend. Therefore since the record companies already accepted the tax as fair compensation for music sharing - they cannot ask for more. Someone more informed than I can provide the links and clarify the details but we download music here without worry.

    But I don't.

    I used to be a real record CD hound spending hours combing through the stacks. I used to go to big name concerts regularly. I no longer buy CDs (last I bought was over 10 years ago - some medieval music and some worldbeat) and when we go out it's to listen to small local pub bands, small chamber ensembles or choirs or dance to electronic music DJs. And I'm more likely to play music or sing karaoke than listen to it. A large part of this is just disillusionment with the entire big business music model. Spending a couple of hundred bucks to see Madonna or go to the Opera or listen to a warhorse symphony *again*, doesn't seem to make much sense when there are so many more enjoyable alternative musical experiences.