At 07:27 AM 7/25/96 -0500, Adam Shostack wrote:

Duncan Frissell wrote: | At 10:26 AM 7/24/96 -0800, jim bell wrote: | | >Isn't it odd that when music is sold, CD's are MORE expensive than cassette | >tapes, even though you _know_ that the manufacturing cost of CD's is less? | | CDs sell for more because buyers decided that they wanted a wider range of | titles with shallower sales (hence higher unit costs) rather than a narrower | range of titles with lower sales prices. The number of CD titles available | is far greater (in general distribution) than the number of vinyl titles | that were available during vinyl's peak year. This greater availability of | short run pressings raises average unit sales costs justifying the higher | prices. Had the market decided (when physical production costs fell) that | it was satisfied with a Top-40 CD stock, average CD prices would have fallen | to vinyl levels.

Thus, my desire to listen to the Drummers of Burundi justifies a cost of $16.99 for the latest REM album? If I want the wide range of African music thats now available (and I do), then I should be willing to pay a premium to get it. No reason for Alanis Morisette fans to subsidise those of us with musical taste.

If what Duncan said were true, then you'd see music stores spring up which sell ONLY the "Top-40 stock", but sell it for pre-CD vinyl prices. They'd get all that business, and OTHER record stores would sell the obscure stuff. That's not happening. Jim Bell jimbell@pacifier.com