Music labels trying to make more P2P users

Feb 28, 2005 22:12 · 106 words · 1 minute read

Apparently, the music industry is trying to get more people to start using free peer-to-peer networks for their music. That’s the only conclusion one can draw from this: Top music labels try to raise prices for downloads. From a business perspective, trying to figure out what the price sensitivity is makes some amount of sense. However, $0.99 per DRMed song is, in my opinion, about as high as one would want to go. Wired’s frequently cited Long Tail article suggested that even lower prices would be good for a lot of music.

Raising prices on these services will only lead more people to the free networks.