Album price should drop to £1
Discussion
Interesting idea.
I think it would certainly do a good job of combating piracy, but IMO until there is a decent site where you can download anything you want in a large range of formats and quality (i.e a legal oink), either by subscription or pay-per-download, i don't think it's going to go well.
http://www.bbc.co.uk/news/entertainment-arts-11547...
The french also have another interesting idea to try and condition people into buying music.
http://www.bbc.co.uk/news/technology-11549874
I think it would certainly do a good job of combating piracy, but IMO until there is a decent site where you can download anything you want in a large range of formats and quality (i.e a legal oink), either by subscription or pay-per-download, i don't think it's going to go well.
http://www.bbc.co.uk/news/entertainment-arts-11547...
The french also have another interesting idea to try and condition people into buying music.
http://www.bbc.co.uk/news/technology-11549874
Dracoro said:
They'll make (in theory) MORE of a living.
£1 is a bit too cheap, but £2/£3 would get a lot of sales.
The question is, are the extra sales enough to override the loss in revenue per CD. i.e. 8 sales at £2 an album is better than 3 sales at £5 an album.
I'm not so sure. You are just looking at Gross rev and when you take into account marginal costs (sure the site must charge a fee, the record company etc etc )£1 is a bit too cheap, but £2/£3 would get a lot of sales.
The question is, are the extra sales enough to override the loss in revenue per CD. i.e. 8 sales at £2 an album is better than 3 sales at £5 an album.
This summed it up really:
bbc said:
Paul Quirk, chairman of the Entertainment Retailers Association, said: "Rob Dickins is part of the generation of executives who benefited from the age of £14 CDs and gave the music business a bad name.
The guy is a hypocrite. Now he's on the outside he suddenly "sees" the benefits of cheap music. But when it was paying him a fair decent salary, it was a different story.Edited by tinman0 on Friday 15th October 18:08
The jiffle king said:
Dracoro said:
They'll make (in theory) MORE of a living.
£1 is a bit too cheap, but £2/£3 would get a lot of sales.
The question is, are the extra sales enough to override the loss in revenue per CD. i.e. 8 sales at £2 an album is better than 3 sales at £5 an album.
I'm not so sure. You are just looking at Gross rev and when you take into account marginal costs (sure the site must charge a fee, the record company etc etc )£1 is a bit too cheap, but £2/£3 would get a lot of sales.
The question is, are the extra sales enough to override the loss in revenue per CD. i.e. 8 sales at £2 an album is better than 3 sales at £5 an album.
I think, given how silly high gig tickets are these days, cheap cds/mps are needed to get people into more music. When I was younger at uni (10/15 years ago) CDs I bought a lot of but it was a big chunk out of my income, however gigs were cheap, many about £5, £10 for more well known bands and about £20 or so for a large gig (saw the Cure at wembley for something like that). Now gig costs are disportionately higher but the music is cheaper.
Sonic said:
...but IMO until there is a decent site where you can download anything you want in a large range of formats and quality (i.e a legal oink), either by subscription or pay-per-download, i don't think it's going to go well.
http://www.spotify.com/ ?luke111s said:
Sonic said:
...but IMO until there is a decent site where you can download anything you want in a large range of formats and quality (i.e a legal oink), either by subscription or pay-per-download, i don't think it's going to go well.
http://www.spotify.com/ ?For subscription i was thinking more £30/month and you can download up to 10 albums or something.
Still, a really good service though!
Sonic said:
luke111s said:
Sonic said:
...but IMO until there is a decent site where you can download anything you want in a large range of formats and quality (i.e a legal oink), either by subscription or pay-per-download, i don't think it's going to go well.
http://www.spotify.com/ ?For subscription i was thinking more £30/month and you can download up to 10 albums or something.
Still, a really good service though!
luke111s said:
Sonic said:
luke111s said:
Sonic said:
...but IMO until there is a decent site where you can download anything you want in a large range of formats and quality (i.e a legal oink), either by subscription or pay-per-download, i don't think it's going to go well.
http://www.spotify.com/ ?For subscription i was thinking more £30/month and you can download up to 10 albums or something.
Still, a really good service though!
I'm really not sure how all this works.
My reasearch a few years back found that paying for a legal MP3 download cost more than buying the album off Amazon.
How can that be right?
CD = make a cd. Record to that cd (so music on computer somewhere already). Make jewel case. Do artwork, sleeve notes, etc. Print front, back and booklet. Marry up case, cd, printed stuff. Clingfilm the lot. Pile them all together, box them. Strore them for a bit. Ship them (possibly across the world) to Amazon. Amazon store them. Amazon get order, pick it, pack it and post it.
MP3 = convert to MP3. Pay for bandwidth. (Server maintainence costs less than costs of maintaining all the factory gear, vehicles etc involved in the CD route.)
My reasearch a few years back found that paying for a legal MP3 download cost more than buying the album off Amazon.
How can that be right?
CD = make a cd. Record to that cd (so music on computer somewhere already). Make jewel case. Do artwork, sleeve notes, etc. Print front, back and booklet. Marry up case, cd, printed stuff. Clingfilm the lot. Pile them all together, box them. Strore them for a bit. Ship them (possibly across the world) to Amazon. Amazon store them. Amazon get order, pick it, pack it and post it.
MP3 = convert to MP3. Pay for bandwidth. (Server maintainence costs less than costs of maintaining all the factory gear, vehicles etc involved in the CD route.)
Spotify is awesome for value .
Alot of people are now using it instead of illegally downloading purely due to the quality of music available and also the fact that Itunes is feeling slightly restrictive at the moment.
It's much better than buying a CD,as to be honest once you have burned it onto your pc, you will proberly never have any use for it again in this Ipod age apart from the CD rack.
even in car's you can now just plug your ipod in,instead of using the CD player
Now the internet is widely accessed by the general public all over the world,In my opinion download's are the future.Just like CD's replaced what was before them.And if there is no manufacturing cost's associated with making the actual disk's and cases themselves ,then the price should naturally reflect that.
Alot of people are now using it instead of illegally downloading purely due to the quality of music available and also the fact that Itunes is feeling slightly restrictive at the moment.
It's much better than buying a CD,as to be honest once you have burned it onto your pc, you will proberly never have any use for it again in this Ipod age apart from the CD rack.
even in car's you can now just plug your ipod in,instead of using the CD player
Now the internet is widely accessed by the general public all over the world,In my opinion download's are the future.Just like CD's replaced what was before them.And if there is no manufacturing cost's associated with making the actual disk's and cases themselves ,then the price should naturally reflect that.
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