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Music CD prices slashed in US

Posted at 28 December 2001 18:48 CET by DoMiN8ToR
According to ZDnet, the prices of CD's in the USA will be lowered in the fight against music piracy. You should be able to find populair CD's for about 9.99$ and less populair CD's for 3.99$. And that's a big difference with the current prices.It looks like it will be another year of flat CD sales and I think to some degree that's got to be attributed to the fact that there's so much music available online," Tom Adams, president of entertainment industry research and consulting firm Adams Media Research said."I also think (the price cutting) is also as much to do with the fact that the economy is terrible and holiday sales were off overall," he told Reuters.Alternative media such as the increasingly popular DVDs also successfully won consumer interest, dampening sales of other entertainment products, analysts said on ThursdaySource:

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There are 18 comments

No longer with us
Posted on: 28 Dec 01 19:38
    YES! It's about time. Now $10 for a good CD, and $5 for a decent one, I could definetly justify spending that much. Wow, it feels like the '80's again! :4
    CD Freaks Senior Member
    Posted on: 28 Dec 01 19:47
      damn, that's the right sort of pricing, move that over to the UK and we'd be happy. We pay like £15 for a new CD. That's like $22.
      CD Freaks Member
      Posted on: 28 Dec 01 20:24
        thats $10 for a popular cd which in no way means it is good. Thats much better than the standard 18 bucks for cd's in traditional music shops and mall's and better than the 14-15 buck price at Best Buy
        No longer with us
        Posted on: 28 Dec 01 20:25
          U.K. has a high VAT doens;t it ?
          CD Freaks Junior Member
          Posted on: 28 Dec 01 21:32
            Great! Now if they could only do that to DVDs...
            CD Freaks Senior Member
            Posted on: 28 Dec 01 22:47
              VAT in the UK is 17.5%, but you have to bear in mind that income tax is much lower than the rest of Europe. Its lower again in the US, but then you all have to pay for healthcare. OK, so they're cutting the cost of music. That's a start, though I really don't think that's what matters, what they really need to to is produce some decent music instead of the awful crap they're producing at the moment.
              No longer with us
              Posted on: 29 Dec 01 00:25
                This is going to be the best solution to fight piracy. Nothing else will help.
                No longer with us
                Posted on: 29 Dec 01 01:25
                  since i was born in 1985, i wouldnt know but, wouldn't music cd's have costed much much more back in the 80's? since it was introduced in that decade? on another note, they are finally starting to learn! :d
                  No longer with us
                  Posted on: 29 Dec 01 01:48
                    i don't think i had a compact disc (CD) until the mid to late 90's. 80s? i dunno. lost of computers in the early 90's didn't have cd drives.
                    CD Freaks Fairy
                    Posted on: 29 Dec 01 02:48
                      I'll believe that when I see it...but then again, I still dont think I'll buy CD's, its easier to just download em! Bwah ha ha ha ha!:4
                      No longer with us
                      Posted on: 29 Dec 01 05:40
                        Boycott the RIAA.
                        No longer with us
                        Posted on: 29 Dec 01 06:40
                          I got my first cd player in 1986 or '87 and at that point the prices were about what they are today. A new Sting or Michael Jackson CD would have been about $15-16, not much different than now, however with inflation taken into account IMHO their profit margin would have been somewhat higher 15 years ago.
                          CD Freaks Member
                          Posted on: 29 Dec 01 08:27
                            I don't know about CD's back in the 80's, That's when I could finally afford an 8-Track player :4 On another note I walked into Superstore & Extra foods the other day. They both had the K-2 DVD for $3.88 Canadian :d There are only 2 things that are infinate:- The Universe and Human Stupidity! :d
                            No longer with us
                            Posted on: 29 Dec 01 10:39
                              I also did not have a CD Player in the 80's, well actually 89'. I do know that at the CD plant I work at, in the 80's a good shift could mold/metalize/etc @ 3000/12/hrs discs. IF the yield was good the whole time (often wasnt even close to 80%). In the 80's they had 12 machines-and they are a major label. Now our slowest mold machines run 7500+/12hr. WITH 97%+ yield! All the time. And they now have 53 molds. And prices have stayed the same. Sheesh. Maybe when you figure the cost of living increases/higher pay rates the price of CD's has gone down.
                              No longer with us
                              Posted on: 29 Dec 01 10:41
                                Oops! That was 3000 & 7500 discs PER machine PER 12 hours. Also I did not own a CD player until 89'...
                                MyCE Senior Member
                                Posted on: 29 Dec 01 13:13
                                  These guys resold every single album made since 1955 becuase the cd offered the best sound. These guys made money on releases they a;ready made money on. It is that the pendulum swings both ways that makes them now have to lower thier prices. I bought the Eric Clapton Blind Faith album 4 times. Once on vinyl, then 3 different cd releases. They have my money - it is about time they lowered thier prices - maybe I'll even buy some cd's now.
                                  No longer with us
                                  Posted on: 30 Dec 01 02:59
                                    Seeing is believing... I have heard many people saying prices should be lowered, even from people who own a chain of stores, but so far I can only see prices increase to EURO 24 for a newly released CD. When the prices drop to $10 for newly released CDs, and they find their way to online stores too (those that ship overseas of course), it will mean a revolution in CD Prices in Europe too... As I said, seeing is believing, buut this is something I am really looking forward to
                                    New on Forum
                                    Posted on: 30 Dec 01 12:37
                                      Its the ONLY way to stop piracy, BUT prices wont come down in the UK they dont call the UK "Treasure Island" for nothing, if prices dropped round the world, they would remain high in the UK

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