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Essay's paper info
| Topic: |
Business
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| Number of pages / Number of words: |
4 / 874 |
Essay's paper body
Not only does the price of the CD help cover marketing, "it is also subsidizing releases by other artists that will never sell enough to make a profit. An artist at a major label may need to sell more than a million units before the venture ends up in the black. Most albums never sell anywhere near that...
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Most albums never sell anywhere near that. According to the RIAA, only 10 percent of albums ever achieve profitability" (Wiser, 2004). This is another reason the price of the CD has not declined. Next, I will examine what things can be done to alleviate the issue of declining CD sales.
What can be done?
The way to alleviate the issue of declining CD sales is for the recording industry to embrace internet music downloads...
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