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Initech

(100,107 posts)
Mon Feb 13, 2012, 05:08 PM Feb 2012

Sympathy fail: Sony's response to Whitney Houston's death? Raise the album prices of course!

Stay classy Sony.


It's easy to get so emotional about a singer after they've passed prematurely, as Whitney Houston did Saturday at the age of 48. But fans seeking to buy her digital albums in remembrance weren't too happy at sudden price hikes so soon after her death.

The Brits picked up on it quickly, with London-based Next Web writer Matt Brian and The Guardian's Josh Halliday both finding the price increases, which raised Houston's "The Ultimate Collection" 2007 album from £5 (about $7.89) to £8 (about $12.63). In the United States, the cost is even steeper: $15 for the "Greatest Hits" collection at both Amazon (mp3 store) and iTunes.  

http://technolog.msnbc.msn.com/_news/2012/02/13/10394035-sony-hikes-whitney-houston-album-prices-online
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Sympathy fail: Sony's response to Whitney Houston's death? Raise the album prices of course! (Original Post) Initech Feb 2012 OP
Then they get upset if someone downloads. hobbit709 Feb 2012 #1
$ony = parasites ProfessionalLeftist Feb 2012 #2
Sympathy CathyMilller Feb 2012 #3
They're doing what any good capitalist would do, raise prices in the face of increased demand. Selatius Feb 2012 #4

Selatius

(20,441 posts)
4. They're doing what any good capitalist would do, raise prices in the face of increased demand.
Wed Feb 15, 2012, 03:28 AM
Feb 2012

Healthy competition may be good at rationing supply in the face of demand, but there is no morality at all involved in deciding supply and prices. Also, all business owners or shareholders exist, primarily, to make a profit, even if it is after the death of a famous singer.

Incidentally, I wouldn't say the music industry is an example of healthy competition, at all. It's more akin to an oligopoly, and it's everything but a cartel in name.

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