"There were soon six factories, and the price per disc dropped to $25, and then to $20." Following this logic, they should cost $5-6 now, even accounting for inflation and royalties considering how cheap the manufacturing costs have become. But the music companies have kept pricing artificially high, even settling a class-action lawsuit over it seven years ago. When you walk into a music store a new CD still costs $18.
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"There were soon six factories, and the price per disc dropped to $25, and then to $20."
Following this logic, they should cost $5-6 now, even accounting for inflation and royalties considering how cheap the manufacturing costs have become.
But the music companies have kept pricing artificially high, even settling a class-action lawsuit over it seven years ago. When you walk into a music store a new CD still costs $18.
Yes, I couldn't agree more. And I think we'll continue to see this kind of price fixing for a long time with music sold in digital formats. :(
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