|
|
“How much is music worth?” by Zac Locke |
|
|
|
|
Written by Foresight
|
|
Wednesday, 20 February 2008 |
“How much is music worth?”
It is painfully clear that the traditional $15 charged for a packaged CD is too much. CD sales declined another 14% in 2007, on top of years of similar decline. Big box retailers like Wal-mart, which account for two-thirds of record sales, already demand cheaper CDs to use as loss leaders to get people into their stores. Increasingly, they are turning to DVDs and video games, with a corresponding loss of shelf space for CDs. With specialty chains like Tower Records going out of business in ‘07, the local Wal-mart is often the only place to buy a CD, so a cutback on big box retailers’ commitment to stocking CDs would be like a torpedo to the bow of the Titanic.
|
|
|
|
<< Start < Prev 1 2 3 4 5 6 7 8 9 10 Next > End >>
|
| Results 19 - 24 of 111 |
Blogs 
