RIAA Says CDs Should Cost More

EatingSteak writes "The folks over at Techdirt just put up a great story today, with the RIAA claiming the cost of a CD has gone down significantly relative to the consumer price index. The RIAA 'Key Facts' page claims that based on the 1983 price of CDs, the 1996 price should have been $33.86. So naturally, you should feel like you're getting a bargain. Sounds an awful lot like the cable companies saying cable prices are really going down even though they're going up."

Re:My eyebrows are raised....

[iocat]

In 1983, CDs were considered this magical reference format, occupying roughly the same audiophile space now occupied by... vinyl records.

I'm rich!!

[AmigaHeretic]

My pirated music collection just tripled in value! I guess it's worth the trouble to back it all up to DVDs now.

I'll One up you...

[Bananatree3]

Die!-a-RIAA!

Read The Fucking Submission

[Anonymous Coward]

The RIAA 'Key Facts' page claims that Based on the 1983 price of CDs, the 1996 price shoUld have been $33.86. So naturaLLy, you SHould feel lIke you're geTting a bargain.

overpriced

[mqduck]

Me, I tagged the story "overpriced".

"Secret" RIAA Conference

[StarWreck]

Record Industry Meets in Las Vegas for Conference
Reuters

Record Industry Execs from all four major record labels are meeting in Las Vegas, Nevada today to discuss the future of of CD sales. Wild speculation indicates that CD prices will be lowered due to increased competitive pressure from online sources.

...

Sony-BMG Sales Tycoon Oliver Klosoff was quoted as he left the conference hall "I'm happy with our new pricing figures. They will be considerably lower than our original 1986 prices after inflation is taken into account." He also added "We are also planning to implement Iraq insurgency style death-squads to manage any record store that fails to adhere to our strict $33.86 per CD policy."

...

UMG Chief Executive, Holden Magroin, stopped shortly to answer reporters questions. When asked to explain how the record industry hopes to enforce its strict pricing policy after facing multiple price fixing allegations, Mr. Magroin responded by having a hit placed on the reporters family.

Re:By what measure?

[Lucky_Norseman]

In most cases the cost per ounce of talent gives a DIVISION_BY_ZERO error.

Re:Follow Ozzy's lead

[Anonymous Coward]

Bad news, a Burger and Coke at Ozzfest is now $175.

Built up tolerance

[Joebert]

I was set to distribute Funny mod points in this topic, but instead felt the need to point somthing out.

The artists are building up tolerance to the drugs they use to come up with the songs, if we, as scientists, simply produce stronger drugs, we should be able to effectively prevent increases in music prices.

Re:My eyebrows are raised....

[suckmysav]

I remember a guy on TV threw one on the floor and ground it with his foot, all the while cheerfully explaining that it would not be damaged.

 

Re:What a joke

[Anonymous Coward]

12 RIAA lackeys have copyrights on all 12 tones of the 12-tone scale. And John Cage's estate has a copyright on the silences between the notes.

Re:My eyebrows are raised....

[IainMH]

their dying business model - at the expense of the citizenry

Thats sounds like an emo band - song title. Maybe that's what the execs should do next. :D

Re:My eyebrows are raised....

[Propaganda13]

Yeah, but they seem to explode when I use my dremel to spin them

http://www.powerlabs.org/cdexplode.htm [powerlabs.org]

Re:My eyebrows are raised....

[Weedlekin]

And he was telling the truth, because his foot wasn't damaged.

Re:My eyebrows are raised....

[encoderer]

Price fixing? Come on man, don't be ludicrous... ...This isn't ExxonMobil that we're talking about here...

Re:My eyebrows are raised....

[Anonymous Coward]

Thats sounds like an emo band - song title. Maybe that's what the execs should do next. :D

Set up a myspace page and then cut themselves?

Re:My eyebrows are raised....

[Anonymous Coward]

Good point, from here on out DVDs will be $40!

Re:My eyebrows are raised....

[Cauchy]

their wholly-owned subsidiary members of Congress

That's just silly---no member of Congress is a wholly-owned subsidiary of any one company. Ownership of any member of Congress is a much more complex beast involving many different investors.

Re:My eyebrows are raised....

[darkwing_bmf]

Our congressmen can't be bought. They can be rented though.

Re:My eyebrows are raised....

[creysoft]

Yep, me too. You know what I did with it? I went out and bought myself a new CD to listen to on the way to work!

But I only bought it for $12! That means, according to the RIAA's math, they're out 21 bucks! I sure showed those bastards, eh?

Re:My eyebrows are raised....

[kooshvt]

Thats sounds like an emo band - song title. Maybe that's what the execs should do next.

Got a torrent?