13 Feb
2010
13 Feb
'10
8:19 p.m.
Monty Montgomery wrote:
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.
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.