|
Yeah, I work at Circuit City and we get everything at cost, including CDs. The average price of a cd at cost is around 9 dollars. This is the problem... like someone else said, major retail outlets can't even get them at a good enough price to sell them to the consumer at a reasonable price. Most of the time when you see CD sales going on at Best Buy or CC, they are selling the CDs at a loss in order to draw traffic through the store.
My point is, it costs less then a dollar to manufacture the jewel case, cd, and insert. The rest goes into the pockets of producers and labels, with only a fraction going to the artist. Nowadays artists have to go platinum to make a significant profit from album sales. These days the majority of artists' revenue comes from concert ticket sales and other intangible merchandise and endorsments.
The music industry is jacked up basically... and i think it would have a tremendous impact if labels lowered their profit margins and did like old man Walton... low profit margins and high sales. I know that I would buy a SHITLOAD of cds if they were 5 to 10 bucks each, and I think a lot of other people would too.
|