CD’s: Retailers Cutting Back Floor Space…
Posted November 14, 2007 — in Music News
The Silicon Valley article discusses the downfall of Warner stock and retailers cutting back on floorspace for CD’s. Some think big boxes may cut more than 30% of dedicated music space.
If you look at the history of CD sales physical outlets have changed throughout the years. The record biz has never been in the situation of figuring out where to sell music.
The record industry is making 1/10 of what they could be making. They are selling songs rather than an album. Music is in the digital age, the outlets will be digital.
We have two people fighting. The label wants to sell at retail and Apple wants to sell digitally.
The body of work from an artist is not judged anymore. Its all about the song and the song sales. Until the psychology of consumer is more concerned about the body of work, you will see dramatic changes in retail space.
It’s no wonder the record biz is in the situation because the last couple of years the album content has been de-valued. Even prior to entering the digital age, columnists and reviewers would write that only one or two great songs were on an album setting the stage for a singles world.
Will on average look, CD price whole reduced 20 percent. Depreciate highestly achieve 33 percent. Disclose according to HMV respect, this tone price is to cater to consumer demand.
Comment by HMV-Canada — November 14, 2007 @ 9:17 am
Canadian government expresses, this one behavior also is to cooperate to hit a network to download behavior illegally. Because of Canadian copyright protective law can do not have the United States so close, record business wants to gain profit, have to rely on oneself.
Comment by HMV-Canada — November 14, 2007 @ 9:19 am
For years I’ve complained about record companies (artists) selling albums with one or two good songs. Digital downloads have finally created a market where consumers can buy what they want. Let the artist create good music and I’ll buy the titles I like.
Comment by DaveT — November 14, 2007 @ 1:47 pm
So you’re saying that the consumer should change their habits & desires to match what the labels want to sell?
Last I checked, that’s not how it works.
When album sales surpassed single sales in the late 60’s it was because albums were worth investing in. Pet Sounds, Sgt Peppers, Tommy… Then slowly but surely the labels went back to a singles mentality. Which isn’t a horrible thing, I thought Great Escape & Irreplacable were both great songs with killer choruses. But along with the singles mentality comes singles sales. And the labels wanted to keep selling albums. That’s not how it works. Eventually they took singles off the shelves, but STILL played the singles game. Shady!
Make great singles & we’ll buy singles. Make great albums & we’ll buy albums. It’s a simple concept. The album only came to prominence because of quality & the inevitable demand that resulted. The demand is gone, someone needs to ask him- or herself why that is.
Comment by Jon Cole — November 15, 2007 @ 2:07 am
Albums with one or two good songs have been going on for the last 15 years. It’s not a new thing. I don’t know why this keeps coming up.
There is NO devaluing of music going on. It’s the simple fact of changing consumer habits and the internet.
There have always been only a few albums that actually had multiple singles and a solid album. That has always been the case in music. But, now, because of downloading, we are finally realizing that.
It’s not a new thing.
Comment by Tim Towner — November 15, 2007 @ 6:18 am
Does anybody understand what the hell HMV-Canada is saying?
I guess by now, people sorta expect that any given CD will only have a couple solid songs. Industry is pissed that they can no longer sucker people into buying the whole album anymore.
Comment by Chabby — November 16, 2007 @ 4:00 pm