IKnowFooBar :: Giles Smith » lost the plot http://www.iknowfoobar.co.uk A developer's [mis] take? Wed, 23 Jun 2010 11:52:34 +0000 en hourly 1 http://wordpress.org/?v=3.0.1 Record Industry Proves Again How Much They’ve Lost The Plot http://www.iknowfoobar.co.uk/2007/09/01/record-industry-proves-again-how-much-theyve-lost-the-plot/ http://www.iknowfoobar.co.uk/2007/09/01/record-industry-proves-again-how-much-theyve-lost-the-plot/#comments Sat, 01 Sep 2007 09:07:07 +0000 Giles Smith http://roon.me.uk/2007/11/03/record-industry-proves-again-how-much-theyve-lost-the-plot/ Quote

“The latest brainwave from an industry that continues to bleed revenue is the Ringle: a product that combines the single format with ringtones.

Each ringle will contain three songs: one popular track, a remix, an older track from the same artist and a ringtone. Distribution method for the Ringle: a CD with a slip-sleeve cover.

Reuters reports that the idea is that if consumers can download any ringtones they want, why not let them buy them on CD.

Sony BMG Music and Universal Music Group will release 50 and 20 titles respectively in October and November. The CDs will sell for either $5.98 or $6.98. Distributors will include BestBuy, Wal-Mart, Target and Amazon.”

Who is ging to pay nearly $7 for a song on a CD? I am so speechless I can’t describe just how speechless I am!

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