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Compact Disc Sales Plummet 20% Since Start of Year
SeekingAlpha.com ^ | March 21, 2007

Posted on 03/21/2007 2:58:50 AM PDT by HAL9000

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To: Vaquero

Good points. Some of my collection of mine dates back to the late '60's, and some are pretty obscure, i.e. not available on CD.


21 posted on 03/21/2007 4:02:46 AM PDT by catfish1957 (Pelosi, Kennedy, Reid, Remember those names as you firmly hold on to your pocketbook and rights.)
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To: CarrotAndStick

Don't hold your breath. The telecoms have ways of lobbying away disruptive technologies. Also, those VOIP calls are going to be running over telecom provided Internet connections (with the exception of a few circuits by Covad). Unless net neutrality bills pass, ATT or whomever can degrade your VOIP call at whim, or collect a fee from your VOIP provider.


22 posted on 03/21/2007 4:05:14 AM PDT by amchugh
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To: HAL9000

People still buy CDs? Who would have thought?


23 posted on 03/21/2007 4:06:06 AM PDT by amchugh
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To: camle

You can make the case that a dollar is a fair price, since it lets you play the music on an iPod, computer, home audio system, etc.

On the other hand, I see the price coming down as distribution channels increase, i.e. downloading songs from the digital jukebox at the local bar or a kiosk in the mall or giveaways with retail chains -- buy a pair of jeans from Old Navy and get two free songs -- that kind of thing.


24 posted on 03/21/2007 4:07:59 AM PDT by durasell (!)
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To: HAL9000

It is a combination of ipods and most of the new music it trash.


25 posted on 03/21/2007 4:09:22 AM PDT by Hydroshock (Duncan Hunter For President, checkout gohunter08.com.)
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To: amchugh

Actually I have experienced that myself... I had this CDMA PC-slot internet card that I used to use, in India. I can tell you that they are definitely tampering with the Google Talk service that normally doesn't use much bandwidth, on a traditional internet connection.


26 posted on 03/21/2007 4:12:28 AM PDT by CarrotAndStick (The articles posted by me needn't necessarily reflect my opinion.)
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To: HAL9000

Yesterday I bought three CD's for a music project, spent $16 each for them. At those prices I can understand why people would voluntarily spend their money differently.


27 posted on 03/21/2007 4:15:14 AM PDT by Rb ver. 2.0 (A day in the country is better than a week in town.)
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To: HAL9000
Compact Disc Sales Plummet 20% Since Start of Year

If the price of compact discs actually reflected the cost of manufacture and materials (compared with LPs), there would be a lot more purchases.
28 posted on 03/21/2007 4:21:51 AM PDT by aruanan
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To: HAL9000

Psssst... the dirty little secret is that people are NOT buying music. They steal it online! (I can't stand the truncated sound of MP3's).

There is very little worth buying any longer... older artists and older music is still selling, according to Amazon.

LLS


29 posted on 03/21/2007 4:32:24 AM PDT by LibLieSlayer (Preserve America... kill terrorists... destroy dims!)
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To: DB
And virtually all of those were small label companies.

I'm with you - and I try to buy them directly from the artist where possible.

30 posted on 03/21/2007 4:45:44 AM PDT by Lil'freeper (You do not have the plug-in required to view this tagline.)
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To: LibLieSlayer

....older artists and older music is still selling, according to Amazon.


To older people.

Kids are listening to more music than ever before, much of it new stuff and a lot of it far beneath the radar of the major record labels. Thanks to the ability to cheaply produce an entire album, inexpensive silk screening processes, photoshop, and webpages, a lot of bands are eeking out a subsistance living as musicians.


31 posted on 03/21/2007 4:50:15 AM PDT by durasell (!)
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To: HAL9000

MP3 killed the rush marketed under sampled poor replacement for records.


32 posted on 03/21/2007 4:51:54 AM PDT by bmwcyle (Freep Fox they drop the ball on GOE)
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To: HAL9000

The problem with digital content is that they want to make it non-portable. You buy it and download it to your MP3 player. When you get a new player they want to charge you again.


33 posted on 03/21/2007 4:55:34 AM PDT by BuffaloJack
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To: HAL9000

sniff, sniff

Where is my kleenex?


34 posted on 03/21/2007 5:05:15 AM PDT by Mr. Brightside
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To: durasell

True enough, but a far cry from the free market developing America's music (think Sun Records). The music industry is dead. Record labels are dying. Maybe someday it will return to the freedom in which it was born.

BTW, if a home-spun band created a Sgt. Pepper etc, it would still rise to prominence. There are few new bands that produce unique new music (more of a blending of what has come before). I do like Audio Slave and a few others.

Being a musician, I can state that with some integrity. The music scene sucks (outside of Jazz, Blues, old Mowtown redux and geezer rock). Yes, I am a geezer!

LLS


35 posted on 03/21/2007 5:18:07 AM PDT by LibLieSlayer (Preserve America... kill terrorists... destroy dims!)
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To: HAL9000

I guess all those iPods for Christmas had something to do with this...........Thanks Steve Jobs.........


36 posted on 03/21/2007 5:20:56 AM PDT by Red Badger (Britney Spears shaved her head............Well, that's one way of getting rid of head lice.........)
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To: durasell

anyone can make the case that a dollar is a good price, but I'm just not buying it;-)


37 posted on 03/21/2007 5:33:09 AM PDT by camle (keep your mind open and somebody will fill it full of something for you)
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To: LibLieSlayer

What's happening now is pure free market. I know many musicians and they hate the record labels -- there are only five or six major corporations that produce 99.9% of American pop culture. And they despise MTV.

These aren't old farts like me, either. These are young kids. When CBGBs went under, they could care less.

What's fascinating, of course, is that this is global. Some band from Brooklyn will engineer a song in some kid's basement, put it on line, and it'll be played in a club in Greece or Argentina the next night.


38 posted on 03/21/2007 5:34:56 AM PDT by durasell (!)
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To: HAL9000
The audio CD is dead except in the mind of the record companies. Why should a retail store devote large amounts of floor space to at best a mediocre selection of CDs? The technology currently exists to have music be sold in computer kiosks where patrons could insert a credit card and download music one song at a time from hundreds of thousands of titles into what ever format they wish...MP3, I-pod, or custom CD.

I have long quite buying audio CDs and download my music from I-tunes. I can find even obscure titles and artists that I cold never find in any traditional CD outlet at a reasonable price and with immediate delivery.

39 posted on 03/21/2007 5:42:01 AM PDT by The Great RJ ("Mir we bleiwen wat mir sin" or "We want to remain what we are." ..Luxembourg motto)
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To: camle

Me neither, but there's a whole world out there filled with folks who think $1,500 isn't too much for a pair of shoes or $150.00 is a reasonable price for a t-shirt.


40 posted on 03/21/2007 5:43:13 AM PDT by durasell (!)
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