However, one clue they didn't get: They're still charging too much. The Music industry is often complaining that online sales aren't a "success" because mostly people just by a few songs, not album-sized chunks. But they're charging $1/song, which makes album-sized chunks cost *more* to buy online than on CD in many cases (depending on how many tracks there are on the CD). When you buy the CD you get higher quality, no DRM, a pretty booklet with notes, and a durable backup, so of course people are not very motivated to spend as much or more to get an inferior product on line. Now they're increasing the quality and removing DRM, but increasing the price along with it. I think people would still rather pay less for a CD, with the booklet and the durable backup. So they'll continue to buy individual songs online in about the same numbers as they do now, while spending most of their music money on CDs.
This is because the music industry demands too much money per track for online sales (of which they give very little to the artists).
I think that 50 cents per track is about the right price to make online music sales a real success. 50 cents and no DRM, that is.
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Date: 2007-04-03 03:10 am (UTC)This is because the music industry demands too much money per track for online sales (of which they give very little to the artists).
I think that 50 cents per track is about the right price to make online music sales a real success. 50 cents and no DRM, that is.