http://www.theregister.co.uk/content/7/32690.html

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"In 1993, CD makers shipped 495 million units and brought in $6.5 billion, according to the RIAA (Recording Industry Association of America). By 2000, units had almost doubled to 942.5 million with $13.2 billion in revenue."

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"The labels' performance was, no doubt, helped by a "promotional program" the FTC (Federal Trade Commission) likes to call price-fixing."

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""What we're trying to show people is that music is a good value, even if you have to pay for it," Zach Horowitz, president of Universal Music, told The New York Times."

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"Well, yeah, it's a good value when you aren't artificially keeping the prices high. It's also a good value when basic laws of economics are followed. As the supply of CDs sky-rocketed and the cost of the media plummeted, the price would be expected to go down. Two decades and four presidents is a long time to wait for a single price cut on what became a mass market good. CD players certainly went down in cost."


:idea: