A Little Hypocrisy?


How would you respond to the record company exec who say -

"I look on the Audiogon web site and I see people buying and selling $5,000 cd players, $10,000 speakers, even cables and wires for several hundred dollars per linear foot. Nobody complains about those kind of prices. Yet you complain about cd's costing fifteen to twenty bucks. What gives?"

I include myself in for this criticism, but I'd be fascinated to hear how anyone else would respond to this.
kinsekd
Phild,

I have a friend that sells cd,s over the internet. He has a few catalogs that are like 1" thick. Occasionally, I go throught them and pick out 20 to 30 disc. Granted, the big megastars latest releases are usually in the $7-9 range. However, I just got the new James Taylor for $6.89 ($14.99 at Best Buy). The usual rule is take the price that Best Buy is selling if for and multiply by .4 to get the distributor price. Some popular CD are selling for 3 times the distributor price. I have over 5000 CD's and add about 30-40 a month. I would have to seriously curtail my spending if I was paying for retail.

P.S. - I build my own CD racks; seems like I'm building one every 6 months.
CDs cost what they cost because that's what the market will bear. And people who can afford a high-end audio system shouldn't be complaining about the injustices of the marketplace. If you don't like the price, you don't have to buy it. (But that doesn't give you the right to steal it.)
Well, alluding to the above argument about piracy, perhaps the market will not bear what retailers charge for CDs. And I believe the industry just got nailed with price fixing fines, although I don't think they admitted "any wrong doing". So what the "market will bear" has little relevance where organized anti-competitive practices are in effect.

Secondly, most non-Audiogon folks buy only one or two audio systems and keep them for few to many years. On the other hand, most people purchase hundreds of CDs and treat them as the ephemera they usually are. It's typical for the total expenditure on software to exceed that for hardware, except at the very high end of audio.

Also, now that I have answered seriously, this thread is a troll. People complain about the reportedly very high list price to driver cost of Wilson products regularly, for example. Note also the recent BMW priced phono stage (this is not metaphorical) reviewed in S'phile (unwilling to dig the issue out of my reading stack to get the facts). The reviewer liked the component, but acknowledged in so many words that the price is problematic.
Very simple: hardware, the more money spent, the better the sound. Software: heuh, geez, I just spent all my money on the hardware, euh, darn, I guess I'll take out my old vinyl...
Bomarc - my point, at least, is that the music industry is the one complaining about the injustices of the marketplace instead of adapting. I have adapted equally on both the purchases of high-end audio gear and audio software - I would say that my system cost me, overall, about 60% of list price. My software has cost me, overall, about 60% of list price.

My complaint is one of buying 200-250 CDs a year legally, not downloading or copying other peoples' CDs at all, and then watching this industry lump me in with their problems. They can't ween themselves from the cash cows they've created but they're mad that the cash cows aren't as lucrative as they used to be. I am representative of their market, as many others on this board are. They're not doing a damn thing to better serve me and, worse, are working hard to lessen the value proposition.

Yes, we can all stop buying. I will return any CD that has copy protection on it.

The original premise of the thread was that we shouldn't complain about the price of CDs if we're not complaining about the price of high-end gear. If people weren't complaining about the price of high-end gear, they wouldn't be coming to Audiogon to shop used from relative strangers for the purposes of saving money. I think we, as a community, feel the price of both are out of whack, at least to an extent.