Ha ha. Just when the RIAA thought it had an easy fight against Napster, here comes the trust-buster Daniel Boies-just off his victory over MSoft–coming to bat for Napster. He turned the case into the anti-trust trial of the RIAA. Beautiful. Oh by the way, my pirate self just brought 3 more CDs, thanks again to Napster.
For more food for thought, here is part of an article, "Internet Swap Shakes Music Industry, By RON HARRIS, Associated Press Writer.
**So what has kept CD prices so high? CD sellers.
The Big Five recording companies admitted as much in May in a settlement over price-gouging that the Federal Trade Commission says has cost American consumers $480 million since 1997.
The average CD costs less than 25 cents to manufacture, according to Christian Haseleu, chair of Middle Tennessee State University’s recording industry department. Artists’ royalties typically account for about 12 percent of the CD retail cost, he said.**