Broken Fiber Line

Aaccck!  No internet access since midnight last night — Cablevision claims a broken Fiber Optic line.

I need to catch up on what happened while I was blinded — A few posts in the queue should start showing up shortly . . .

Category: Web/Tech

FOMC: Nothing Done

Category: Federal Reserve

Word of the Day: Slowflation

Category: Economy, Inflation, Psychology

Fed Funds Rate Predictions (May 2007)

Category: Federal Reserve

More on NFP: More Recognition of Disbelief

Category: Data Analysis, Economy, Employment, Psychology

Are CD Prices Coming Down?

We have long criticized the absurd Retail pricing of CDs. A few years ago, we asked the question Are CD Prices Getting More Dynamic?

It seems that some people in the industry have actually read The Long Tail, and figured out that they are better off pricing older catalog CDs aggressively, and actually selling them, rather than maintaining an absurd list price for 20, 30, even 50 year old recordings, and letting them sit in some warehouse somewhere unsold.

At the same time, it must be mentioned that the preponderence of utterly brain damaged morons in positions of authority in the Music Biz has not attenuated one tiny bit. They are the anti Long Tailers, also known as The Fat Heads.

The latest evidence of blunt head trauma syndrome is via this little piece of advanced rocketry: To sell used CDs in some states, at the behest of the industry, you are required to: 1) have your fingerprints taken; 2) endure a 30 day waiting period; 3) only recieve store credit for used CDs (not cash).

Idiots.

~~~

Meanwhile, in the world of online retailing, Amazon has done a decent job taking CDs and recordings that are Long Tail — either via age, or obscurity, or just overdue — and making them available at more competitive prices.

As traditional CD sellers disappear, the long tail catalog will be found increasingly at Online retailers, while the Big BOx (Wal Mart, Best Buy, Target) only carries the latest top 50 hits.

It makes smart business sense to use Amazon to blow them out.

After the jump, there’s a handful of Discs I pulled from Amazon — most are $7.97 . . .

>

Sources:
NARM Coverage: New Laws Threaten Used CD Market
Ed Christman, Chicago
Billboard May, 01, 2007 – Retail
http://www.billboard.biz/bbbiz/content_display/industry/e3i9ebf2d8ce6fd1e267bac18d43959ac24

Record shops: Used CDs? Ihre papieren, bitte!
Ken Fisher
Ars Technica,May 07, 2007 – 01:23PM CT
http://arstechnica.com/news.ars/post/20070507-record-shops-used-cds-ihre-papieren-bitte.html

Read More

Category: Digital Media, Music, Retail

Dow Winning Streak

Category: Investing, Markets

Yahoo! Should Buy Dow Jones

Category: Media

M&A Frenzy

Category: Corporate Management, M&A, Markets, Psychology

Froogle?

Category: Retail, Web/Tech