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Head. Wall. Bang. Repeat.

Further proof that the music industry still doesn't get it.

"According to the report, Warner CEO Edgar Bronfman, Jr. claims that the pricing increase has been a "net positive" for the company as it sees the music download business maturing, but acknowledges that raising music prices 30% during a recession may not have been a smart move." (emphasis mine)

And there's today's entry in the Understatement Hall of Fame. Pricing is a measure of value to the customer, and the music industry has a (very) inflated sense of their own self-worth. How much is Beyonce's latest album worth to me? Jack and squat. But, say, a remastered version of Kind of Blue, with video interviews and behind-the-scenes photos, all wrapped up in one nice digital package? Lots.

“Head. Wall. Bang. Repeat.”