Originally posted by MikeG:
Originally posted by MikeG:
[QB][QUOTE]The price of music albums should be slashed to around £1, a former major record label boss has suggested.
Mr Dickins was in charge of the label from 1983-98 ...When I was running Warners, a chart CD could be £12.99. A chart CD now can be £6.99, maybe even £5.99."
Back in the '90's there was a thing about the fact that UK CD prices were pounds higher than for example in the USA, they were inflated here unfairly, and that remained the case for a very long time.
I shop online and no longer buy my music from stores, I gave up on not just HMV, but also the few independent little shops in the backstreets of town, the only chain I bother with now is Fopp, and that's mostly for back catalogue material. I don't often buy chart CD's, and new music I buy costs me between £8 to £14, depending on whether its a smaller label or indies artist.
Who in their right mind would have wanted to keep on paying £12.99+ in a store for a chart CD, Mr Dickens surely has only himself to blame as head of Warners, but his suggestion of slashing the cost of a CD to £1 just smacks of Nathan Barley style headline grabbing.
