Monty Montgomery wrote:
>> I wonder why no one would've seen something like this coming though?
>>
>> Was it just a bunch of suits saying, "Yeah, let's sell some cds!" while the
>> original mastering guy prepared to cringe come "Digital Release Date"? (1
>> day later?)
>>
>
>
> It took a long time to sort out the mess that the rush caused, and the
> reputation of the CD suffered for a really long time. But they made a
> *ton* of money. The late 80s and early 90s were the music industry's
> version of the housing bubble. oh boo hoo sales are down recently--
> sales had never been so incredibly inflated as during the great
> vinyl->CD switchover when just about everyone replaced their
> collections at $16 a pop. Some had to do it twice after things were
> finally properly remastered.
>
>
Not only that, but the per unit cost of manufacturing a CD is much
cheaper. If you still charge the same amount for an LP length recording,
the change in format instantly increases the label's margin significantly.
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Received on Sun Feb 14 04:15:02 2010
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