I wrote earlier that the government were going to open talks with the music industry with the objective of bringing the prices for original CDs down. It was believed that a reduction in prices will make original CDs more attractive to the consumer, thus assisting in the war against creative media piracy by removing the demand for pirated products.
Would you buy an original CD by a well-known local artist for RM10?
Would you buy an original, autographed CD by a well-known local artist for RM15?
I still believe now as i did when i first wrote about the topic, that this is a fool's errand. The music industry and copyright owners have no reason to agree, and the authorities don't really have any means to force them to. If the authorities control the prices of such products to a level where the average consumer will buy it, you'll see either one or both of two things happening:
# The record labels will refuse to sell such low prices. This will see them either terminate operations here, or take the issue to the courts (where there will most likely win - how can you rightfully control the prices of a luxury item that music CDs are?).
# It will become next to impossible for new talent to break into the market. Record labels will not risk investing for untested talent when their potential margins from sales have been seriously eroded.