Downloading Music Getting More Expensive

[dduardo]

This makes me sick.

http://www.azcentral.com/business/articles/0407downloading07-ON.html



No wonder I don't buy music anymore.

 

[Chen]

Well that is just sad. Just when I thought iTunes was going to revolutionize the way music is bought, this happens.

 

[Greg Bernhardt]

So the music companies save money by eliminating packaging and distribution and it still costs the same if not more!? Just plain stupid.

 

[Jake]

I think in the end Competition will force the price down. Companies in bussiness cut costs as much as possible to beat out competition, so if there's a lot of discretionary income, I bet that might happen.

(Hopefully)

Still, no reason to go around pirating and downloading illegal music, is it?

 

[dduardo]

I think in the end Competition will force the price down.

Um, did you not read the article:

"Several record-company executives acknowledged that pricing changes are being discussed at all five major companies."

The record companies have basically formed an oligopoly just to fix the price of music.

 

[Jake]

Um, did you not read the article:

"Several record-company executives acknowledged that pricing changes are being discussed at all five major companies."

The record companies have basically formed an oligopoly just to fix the price of music.

 

[The_Professional]

An oligopoly is a type of monopoly wherein a couple of firms produce all or most types of products or service. By essence it is a shared monopoly.

The bottom line is, all these record companies are fixing prices that will benefit them in the long run.

 

[Jake]

I realize that. I was just saying that in the long term, that type of thing might not last due to competition of even outside companies. I also think that in the end, it might not even benifit the companies to charge that much and they might see their revenues fall. ( Just look dduardo's first post )

 

[The_Professional]

I realize that. I was just saying that in the long term, that type of thing might not last due to competition of even outside companies. I also think that in the end, it might not even benifit the companies to charge that much and they might see their revenues fall. ( Just look dduardo's first post )

Or the Government can intervene and file an antitrust suit. We'd probably see flying saucers first before that even happens

 

[Jake]

Or the Government can intervene and file an antitrust suit. We'd probably see flying saucers first before that even happens

Sadly