Are you seriously comparing the cost of ONE cd to 20 years of a (hypothetical at this point) subscription service that lets you access thousands of cds? So you listen to one cd continuously for 20 years and then buy another? 😕
Last.fm is NOT the service I described, and I won't be using it.
I generally buy 2-3 albums every couple of months.
A mathematical equation of that over 20 years would be:
$9.99 x (2.5 x 12 x 20) = 600 albums = $5,994.00
If I subscribed to a subscription service, it'd be:
$9.99 x 12 x 20 = 0 albums/unlimited listening = $2,397.60
Then, to the subscription service, you add additional for albums you would still wish to purchase or may extra to "move" to your iPod or mp3 player.
I think subscription plans are "bankrupt" as a model, because much like what happens with Netflix, people will simply rent and rip, rent and rip, rent and rip... and KEEP the songs anyway... which means that in many cases, subscriptions encourage/tempt stealing (even for reasonable people).
In the long run, I think subscriptions are quite possibly one of looooongest cons in tech history (because no one has made it work). You can't get something for nothing. Once enough suckers sign on to a subscription model, then they incrementally raise the price, with a captive audience (I need it... so bad! Think "drug dealers". Moreover, they can remove artists they decide to drop, and suddenly you need to look elsewhere and pay more money if you want to hear an album again.
Another long con is that DRM is non-transferable. No consolidating iTunes accounts. If someone dies, their rights die with them. Strange, after all this time, the music industry has a way of killing off used CD/record stores, and they didn't price it so that people would jump onboard in huge numbers. Now DRM is gradually fading, and its too late. --So, I guess that con is being dismantled.
~ CB