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July 17, 2007

OK, sell SOME old CDs for $15

Apparently not all Jurrasic-rock music priced at $15 an album is collecting dust. This story in today's Sun tells how AC/DC's 1990 album, Back in Black, sold 440,000 copies last year and has sold 156,000 this year. Metallica, Guns N' Roses and Bon Jovi, whose members are all candidates for prostate enlargement and male pattern baldness, are also still best sellers. But I still think deep discounting of labels' less-popular, older material would generate revenue and royalties. The costs for these albums are totally sunk. ANY revenue is gravy, and some of the artists (not Bon Jovi) could probably use the dough.

Metallica.jpg


Posted by Jay Hancock at 12:04 PM | | Comments (2)
        

Comments

53 record closes in 10 months + you have nothing to say... unbelievable how you and the Sun have basically ignored + buried the booming economy. I konw, I know, BDS! But if W was a dem, I'm sure you all would be gushing about the amazing recovery after 9/11 and the dot-com bust.
look at today's story about 14k. it's buried at the bottom of the site + the AP guy casts doubt on the good news in the first sentence. deficit is down, receipts are up, stocks are booming, economy is growing, etc., etc., and we get what? anectdotal stories that people are suffffffering and no comment from you.
GREAT JOB Sun Paper!

Yourmusic.com sells CD's for $6.99 if you set up a monthly queue. I've purchased dozens of CD's from them. They don't have everything but they do have a lot.

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About Jay Hancock
Jay Hancock has been a financial columnist for The Baltimore Sun since 2001. He has also been The Baltimore Sun's diplomatic correspondent in Washington and its chief economics writer. Before moving to Baltimore in 1994 he worked for The Virginian-Pilot of Norfolk and The Daily Press of Newport News.

His columns appear Wednesdays and Fridays.
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