Thursday, March 10, 2011

Music CD sales

Today I was listening to music on a CD and I realized that it has been more than a year that I have even purchased one of it. Nowadays you have so much choice that buying a CD and listen to the entire album becomes a chore. But my point here is that music companies are always crying about the decline in CD sales and increase in piracy, but have they ever thought about it may be due to the price of CD. I can understand that when a new album hits the market, the companies have to recoup their investment and hence the CDs are priced way too high. But for the CDs which are older than a year or even two or more years, the price is still sometimes outrageously high.

There are some music CDs which are older than five years or like last century, but they still cost nine dollars or more. The music industry then cries that people are not buying CD, because they are too damn expensive. If you want to buy an old CD, you can easily get it for less than three dollars or even less, but if you want to buy an old CD, you are still paying money which can be well spent buy individual songs on ITunes. And this takes me to another subject that is not all the songs on the CDs are great, so why pay so much money. The piracy will keep on going as long as the CD prices does not reflect the age of the songs and I mean old CDs (like two years and above) should be priced less five dollars in order to boost sales. If I can get a DVD two years and older for less than five dollars, why not the same for music?

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