I just read an interesting article in the new Rolling Stone magazine. Has John Stewart on the cover, in case you care. At any rate, there was an article about how WALMART is demanding that the record companies lower their prices so that they can now start selling almost all cd's at the set low price of $9.72. The record companies are saying that this is KILLING the music business but that a major label act has virtually no chance of selling a million plus without the help of Walmart...that not keeping Walmart happy can hurt business overall. This is the nutshell version.
WALMART claims, on the other hand, that the record companies only charge as much as they do because they CAN...and not because they need to charge that amount to make any real profit.
Now...I can see both sides...and then some. On one hand, I do think the idea of paying $9.72 for a cd kicks some serious ass. I think this price would be excellent, and I'm sure there are a lot of new bands I'd give a chance to at that price that I may not at $17.99 or higher........But the downside is that Walmart just does not have the selection that music stores, especially indie stores, have. But on the business side...Walmart does kill small business. I am a sales rep for an oil company, and one of the most frequently asked questions from a customer is, "well why shouldn't I just go to Walmart and buy oil? It's cheaper"? so I imagine a record store owner going through the same woes....
I guess I just wonder what you all think. If Walmart had the selection, would you buy cd's there for $9.72 or would you still go to the mall or your favorite local independent record store and buy the same disc for five to ten bucks more? ($14.99 to $19.99)
I must say that I'm guilty of buying a cd at Walmart a time or two...but I still love to go in the real record stores and hunt around.....
whattaya think????
maybe I'm just feeling political since it's almost election day?
WALMART claims, on the other hand, that the record companies only charge as much as they do because they CAN...and not because they need to charge that amount to make any real profit.
Now...I can see both sides...and then some. On one hand, I do think the idea of paying $9.72 for a cd kicks some serious ass. I think this price would be excellent, and I'm sure there are a lot of new bands I'd give a chance to at that price that I may not at $17.99 or higher........But the downside is that Walmart just does not have the selection that music stores, especially indie stores, have. But on the business side...Walmart does kill small business. I am a sales rep for an oil company, and one of the most frequently asked questions from a customer is, "well why shouldn't I just go to Walmart and buy oil? It's cheaper"? so I imagine a record store owner going through the same woes....
I guess I just wonder what you all think. If Walmart had the selection, would you buy cd's there for $9.72 or would you still go to the mall or your favorite local independent record store and buy the same disc for five to ten bucks more? ($14.99 to $19.99)
I must say that I'm guilty of buying a cd at Walmart a time or two...but I still love to go in the real record stores and hunt around.....
whattaya think????
maybe I'm just feeling political since it's almost election day?