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Time For More On The CD - Online Term Paper

Time For More On The CD

The music business is experiencing a recession where record sales are
reaching all-time lows. All record companies have in the last few years
experienced a considerable decrease in sales. Finding the cause or causes
of this has naturally become a major concern for all of them.
Some blame the recession in the West in general, but that can hardly
explain why one industry is losing out so much more than others.
Music today is less from the heart than it used to be only ten years
ago. It is mostly a purely commercial product to be used up and thrown
away. A lot of modern music has a short but intense life span. People are
not prepared to pay as much for a 'disposable' product as they are ...

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no business favors such a remedy.
Not only since it reduces their income but also because it sends out the
wrong signals to people. It gives the impression that the product is worth
less and that the customers have been charged too much before. And if the
price can drop by ten per cent this year people might expect it to drop
another ten per cent next year.
A better settlement could be enhancing the product and giving people
more for their money. Thanks to modern technology there can be so much
more included on a CD than just music. A computer with a CD-ROM drive,
which is becoming quite common, allows us to read several different kinds
of information off a CD. A short interview with the artist or 'behind the
scenes' features can be included as so called 'Quicktime movies'. Lyric
sheets, discographies, extensive biographies and even sheet music can
also be added easily. Text files have such small memory requirements
compared to sound that the Bible can be stored in less space ...

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Time For More On The CD. (2004, March 15). Retrieved November 28, 2024, from http://www.essayworld.com/essays/Time-For-More-On-The-CD/4614

"Time For More On The CD." Essayworld.com. Essayworld.com, 15 Mar. 2004. Web. 28 Nov. 2024. <http://www.essayworld.com/essays/Time-For-More-On-The-CD/4614>

"Time For More On The CD." Essayworld.com. March 15, 2004. Accessed November 28, 2024. http://www.essayworld.com/essays/Time-For-More-On-The-CD/4614.

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PAPER DETAILS

Added: 3/15/2004 12:32:24 PM
Category: Economics
Type: Free Paper
Words: 611
Pages: 3

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