I recently purchased a second-hand copy of Physical Graffiti, Led Zeppelin’s tour de force from 1975.<\/p>\n
These sell for anything from £1.50 – £8.00 or so on eBay. Mine was the old unremastered release which usually sells at the upper end of the range, as there are fewer of them circulating and some people prefer the sound.<\/p>\n
I was interested to find the original sales receipt inside. The double CD was purchased from HMV in Portsmouth in 1993. The price: £22.99.<\/p>\n
Prices have risen by about 40% in that time. So £22.99 in 1993 equates to about £32.00 today.<\/p>\n
Amazon UK has this CD (remastered) new for £7.97 – 25% of the 1993 price at HMV.<\/p>\n
OK, so bricks and mortar shops are more expensive than online, and CDs are often reissued at budget price. So try a new double CD: Bruce Springsteen’s Live in Dublin is £11.98 at Amazon UK, or complete with a DVD at £17.99, still way below the 1993 price.<\/p>\n
It is not just the decline in CD sales that is hurting the music industry, but the fact that they are selling for much less money.<\/p>\n
I recently purchased a second-hand copy of Physical Graffiti, Led Zeppelin’s tour de force from 1975. These sell for anything from £1.50 – £8.00 or so on eBay. Mine was the old unremastered release which usually sells at the upper end of the range, as there are fewer of them circulating and some people prefer … Continue reading The declining price of recorded music<\/span>