Music companies wants the prices of music downloads up

Giaguara

Giaguara

Chmod 760
Staff member
Mod
Wall
Street Journal:

All five of the major music companies are discussing ways to boost the price of single-song downloads on hot releases -- to anywhere from $1.25 to as much as $2.49. It isn't clear how or when such a price hike would take place, and it could still be months away. Sales of such singles -- prices have remained at 99 cents -- still account for the majority of online-music sales.

The industry is also mulling other ways to charge more for online singles. One option under consideration is bundling hit songs with less-desirable tracks.
Another possibility is charging more for a single track if it is available online before the broader release of the entire album from which it is taken. There is also talk of lowering the price on some individual tracks from older albums.
Click to expand...

They want the prices of music downloads up. If what they want would succeed even a little = lets say iTMS track price getting only a bit higher, to 1,50 $ .. it would still make a lot of users to a) buy more physical cds instead of downloading them, b) making them to return to illegal downloads or .. c) keep downloading them?? or d) make them start to use their radio??

2,50 $ for ONE track is a lot. If you can get many CDs for 10 $ why would you want to pay that amount for 4 tracks (and the price of the CD added..) ?

Does their greediness have a limit? ::evil::

I don't believe they would be suggesting this because they would suddenly start to want to pay the artists 1,50 $ per download.
 
The writing is on the wall for the record labels. They just do not want to read it. A tv show that creates a star. William Hung. Artists selling their music online. The ability to buy one cd and make copies for your friends at 25c a piece. P@P networks. Their role as gatekeepers of music and the profit they derive from that model is ending quickly. They should be happy with getting 99c per song off ITMS, at least they are getting their cut. The world is changing, adapt or die.
 
Can't say it's unexpected...

These companies are making money as it is, and lots of it. The low price tag is just about all that keeps downloaders legal...it'd be fun to have a conversation with one of these RIAA-chiefs. I wonder what's actually going on in their minds...

But hey, I'm glad they are doing this. There were 2 points to this, remember?
1. Price of hotter new music goes up, while it's bundled with crappy music.
2. Price of older music goes down.

Now take this into consideration:
1. Older music usually includes the golden age when we had bands playing music, artists writing lyrics and you needed to perform well to sell.
2. Newer, popular music, is stereotypically some techno-version of an older song, a rap to the tune of an older song, or the entire song is six words long.

I've escaped to the old music just to find music, so my online song-buying will be cheaper...
 
I don't know what else could be said on this topic that voice- hasn't already stated.Other than saying amen to everything in his post!:D
 
The new "in" music .. most radio stations play that music anyway 24 7. So the kids may be back to the piracy of the 1980s... recording songs from radio to the cassettes (od CDs)?
 
$2.49 a track is about what you pay for a hard-copy CD these days. The record companies just don't get it.
 
Giaguara said:
The new "in" music .. most radio stations play that music anyway 24 7. So the kids may be back to the piracy of the 1980s... recording songs from radio to the cassettes (od CDs)?
Click to expand...

During the 80's a local rock station here (Cincinnati, OH) used to actually have a 'time' when they'd tell every one 'this is new, pop in a tape and hit record people'. From what I remember this went on for quite a while before the powers that be there decided to shut it down before they got sued.
 
They want to charge more for singles and/or force you to buy some crappy tracks in order to get the song you want?

Correct me if I'm wrong, but won't this eliminate the two things that make online music worthwhile?
 
You must log in or register to reply here.
Back
Top