At 06:00 PM 05/19/2001, you wrote:
>I believe the music industry is wishing it had never issued music in digital
>format.

There was an article in either the NYTimes or the WSJ a couple of weeks ago 
about the ridiculous price of music CDs and how it will increase soon. 
Apparently the first few years of music on CD (up until quite recently) was 
made up of people upgrading the same music they'd had on LP or cassette to 
play in the newer format. I can understand that -- many CDs I own duplicate 
LPs or casettes I own but no longer use.

This, coupled with the sale of CDs to younger people who don't NEED the 
complete works of the Doors on CD, made for a robust market.

During the past 12-18 months, sales of people buying new versions of old 
stuff has fallen noticeably. For the music companies to maintain the 
profits they're been enjoying w/out all this baby-boomer replacement 
business prices will have to go up, since costs won't drop and volume won't 
increase.
--
regards,
Henry Posner
Director of Sales and Training
B&H Photo-Video, and Pro-Audio Inc.
http://www.bhphotovideo.com

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