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Reason Express rule number four thousand and eighty: Record company people are shady. So kids watch your back, 'cause I think they smoke crack. (I don't doubt it; look at how they act.)
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|4.19.05 @ 9:43AM|#
I love the Tribe Called Quest reference.
norbizness|4.19.05 @ 9:47AM|#
Well, that's it. I'm off to better things like a hip-hop forum.
|4.19.05 @ 10:19AM|#
So execs think they should be getting 3 bucks per song. That's a whopping 36.00 per album! Considering that people balked at paying 15.99, I can't imagine why they think people would pay more than double that. Throw in the fact that you don't get a hard copy of the album, and scratch your head at their stupidity.
|4.19.05 @ 10:30AM|#
Three bucks a pop would certainly incentivize hacking around the licensing issues. Again.
|4.19.05 @ 11:29AM|#
Using that "logic", then since the average ringtone is 10 seconds, and the average song is about 5 minutes (which would be 300 seconds), then there are 290 seconds that the user should be getting charged for. Therefore, charging $3.00 per 10-second interval, multiplied by 30 of those intervals per song provides the optimum price point of $90.00 per song. I await the impending demise of iTunes thanks to music industry execs' impenetrable knowledge of both economics and the marketplace.
|4.19.05 @ 12:18PM|#
Word!
|4.19.05 @ 1:15PM|#
Three dollars for a compressed mpeg of lower quality than found on a CD? Great idea!
|4.19.05 @ 2:00PM|#
Someone once observed that "It's easier to find people online who openly support the KKK than people who openly support the RIAA"...
|4.20.05 @ 2:41AM|#
These guys sound like exactly like the movie execs who railed against the VCR. I wouldn't be surprised if, in ten years, all the major record companies each have their own version of iTunes.