music business
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Title: music business

Essay Details:

Subject: Technology
Author: Marcos A
Date: October 14, 2015
Level: University
Grade: A
Length: 20 / 5720

Essay text:

In the mid-90's, the price of creating recorded music dropped because of new, cheaper recording equipment. A few years later, the average manufacturing price of a release also drooped due to cheaper CD manufacturing and internet downloads. Here is when the selling price should have dropped as a natural result. But, the gluttonous record company's didn't lower their retail prices and conspired to fix prices at their peak levels. How long did the record companies think that they could get away with this obvious ?exploitation' of music fans?? The old 'budget model" was to spend the majority of an album's cash on marketing...

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