MikeH
Well-Known Member
every step along the way seems to have gotten more expensive. licensing is more, cutting AAA from copy tapes seems more expensive than it was a few years ago. then companies on top of that are squeezing as much as possible from people while the vinyl bubble is here. $40 for AAA and a nice jacket seems like the new norm sadly. hoping it goes down at some point but have a hard time imagining it will for the "quality" releases.People think just because it is a vinyl record, they can charge stupid prices. Even artists with who have next to no following are over charging but certainly VMP and others are extremely guilty of it. I wonder how much VMP makes off each record they sell?
it does kinda seem like the companies who regularly charge $40 for a single LP do collude with each other a bit. anytime one raises their prices, the other raises prices within a few weeks to match the new price.I know times change but I remember when the government sued the music industry over price fixing on CDs because they were overpriced (but still under $20).
Initially new vinyl in between $20 and $30 was okay since it was a bit of a niche market but $50 for a single LP is silly. There are very few instances where that price makes sense.![]()
CD Price Fixing Suit Settled For $143 Million
Attorneys general in 41 states and three U.S. commonwealths yesterday (Sept. 30) announced a $143 million settlement of price-fixing charges against the five major U.S. distributors and retailers Trans World Entertainment, Tower Records, and Musicland Stores, Billboard Bulletin reports.www.billboard.com
it's gonna be really interesting to see if/when VMP raises their prices again. you'd think it might be smart with their own plant opening to lower prices a bit and get more customers in....but I'd have a hard time seeing them (or most other companies) do that.