Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: a fool in paradise
Pssst - RIAA folks, maybe you're making less money because you're putting out crappy music that sensible people don't want to buy?

Hint - I'm not “ripping off” any Lady GaGa music and I'll turn you in for littering if you try to give me any!

15 posted on 08/25/2010 12:18:47 PM PDT by I cannot think of a name
[ Post Reply | Private Reply | To 1 | View Replies ]


To: I cannot think of a name

There’s 80+ years of used recordings for sale on the open market (used book/record stores, garage sales, thrift stores, high dollar conventions, ebay, etc.).

The consumer dollar only goes so far and there are billions of pieces of product already out in the marketplace.

The Industry “got lucky” in 1983 when CDs started to hit the market and they were able to convince baby boomers to toss out their record collection and buy back everything at inflated prices. In the 1990s it came to light that CDs were cheaper to manufacture than cassettes yet cassettes held a lower sell-through price in stores. Turns out that the labels were in collusion to price fix CDs at an elevated price structure. They settled out of court, paid millions to the trial lawyers, and sent the states that filed class action lawsuits worthless deadstock CDs for has-beens and nobodies in the name of “providing educational assistance” (per court order).


23 posted on 08/25/2010 12:32:17 PM PDT by a fool in paradise (Those who support the construction of the WTC mosque oppose Christian missionaries working abroad.)
[ Post Reply | Private Reply | To 15 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson