In regard to price; that "see-saw" thing has little to do with the cost of production, but the simple law of supply and demand; all of a sudden records are in demand. When CD's came out they were overpriced because CD's were in demand; capitalists got to make money.
The cost of LP's and CD's - an observation
Back just before CD's, Albums were usually around $6-8.00, cutout less, double albums a bit more. When CD's first came out they were 'premium' items and cost $10-15.00, slowly the prices for CD's came down and records slowly all went down to a buck or two then disappeared. Now it's reversed, CD's are a few bucks, new Albums are usually around $15 to 25.00. (I didn't figure out the inflation rate, someone else can add that in) . And those cutouts can now be worth a small fortune. I just thought this reversal was interesting. Of course with Streaming, music of any quality is very cheap.
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- 79 posts total
- 79 posts total