[78-L] Joe Meek, Bad Penny Blues and Boo Woo

[David Lennick]

Geoffrey Wheeler wrote:
> Julian Vein says: I get the impression that some of them are tax 
> write-offs. What puzzles
> me is that record stores stock them, because the mark-up on a cheapo
> product that takes up the space of 4 CDs or more at full price can't be
> very much. Unless, of course, they're sold to the shops at dirt cheap
> prices!
> 
> I’e been told by a bookstore friend that companies like Half-Price 
> Books buy product in large quantities at rock-bottom, giveaway prices. 
> I’m told that sometimes they take all remaindered copies of a title, 
> meaning thousands of copies, pays pennies per unit, and may sell them 
> for $3.98 or more. I know some book companies specifically create 
> titles to be sold at discount. I assume the same may apply to CD 
> labels.
> ________________________________________

There are wholesalers who take large runs of CDs at "get 'em outa here" prices. 
I sold off several hundred CDs last year that weren't moving, to a broker 
somewhere in Northern New Jersey (I shipped them by legit means, I didn't have 
to meet anybody in Pine Barrens at 3AM..by the way, is that wounded Russian 
still in those woods? That was never resolved in the final Sopranos episode so 
I guess there'll have to be a movie after all).

dl