Richard Pennycuick wrote:

>The big labels are reissuing their old recordings and letting you have
>at least twice as much music for less than the price of a new CD, so I'm
>buying their reissues as well.  It makes no sense to me but I don't pretend
>to understand economics.

Richard is being too modest.  For what it's worth, I have a crumpled piece
of paper whoch states that I earned a degree in Economics.  Personally, I
think it's a boring field when taken in large doses.  Now I'm in the field
of real estate; that's equally uplifting, but it does pay better.

 From the financial end, the basic difference between a reissue and a new
disc is that all aspects of the performance for recording purposes have
already been accomplished.  So, it's a win-win situation.  The record
companies make a profit, and buyers can get some great recordings at low
price.  There is one "downside" for the companies; reissues dampen the sale
of new recordings.  I feel real bad about that.

Don Satz
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