What's funny about this thread is that most of the US posters are simply not seeing the pound sign (£) in this thread in front of our UK prices. A cheap bottle of wine here is £3.50. A CD can cost around £15.00 (POUNDS not dollars - today the US dollar is exactly £1.50).
Does this now shed a different light on it? Can you see why people in Britain are angry about this situation, some even want to kick the record companies where it hurts - in the wallet.
Prices are at last coming down, at least if you buy online or supermarkets or buy in the sales, forced partly by people voting with their file sharing. This only proves the record companies have been creaming it all along. It is cheaper for us to buy and pay postage from US or even Japan than to buy here, even a day trip to France can save you money, so the "economies of scale" argument does not hold water.
OK, just to make it absolutely clear, the minimum wage here at age 18 is £3.60. The average guy on this wage is going to work for over 4 hours (one eighth or ninth of his working week) to buy a CD at that price. Splash out on 10 CDs and he has spent his entire income.
Now ask him if he cares about profits made by the artist.