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Thursday, September 04, 2003

FINALLY, SOME COMMON SENSE: While the RIAA continues their full-frontal assault on scared school kids looking for a free J-Lo fix(*), Universal Music Group, the parent company of the labels for artists like U2, Reba McEntyre, and even (heaven help us) ABBA, have decided to do the one sure thing to fight piracy...LOWER THE COST OF RECORDS. They will be eliminating the $18.98 retail price point on CDs, which I've always maintained was a monumentally stupid idea in the first place, and the lion's share of their top-line new releases will come with a MSRP of $12.98. Back catalog albums (that's where ABBA comes into the equation, as well as Nirvana, etc) will also show a price drop as well.

For someone who is frequently in a tiny money situation, this is the best music news all year, and I can only hope this move sparks an industry trend. If I can't get free, I don't mind cheap, and I'd rather pay for a CD where at least some of the money gets back to the artist than pay for the music via an RIAA lawsuit where it's guaranteed NONE of the money gets back to the artist.

(*Footnote: J-Lo was a random selection from the charts, don't read anything into it.)
 
|| Eric 1:04 AM#

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