A nice piece from Record Collector about the record industry shooting itself in the foot. Again. I couldn't agree more, but I'd add that the parallel argument about mp3s ("you mean, Mr. Universal, that you want us to pay more for a digital artefact, with no warehousing or manufacturing costs, than for a CD? Ambassador, you are really spoiling us.") shows that time and again the sheer greed of these companies will ultimately be their demise. For further elucidation, and for more examples of how the industry resists innovation, I highly recommend Louis Barfe's book Where Have All The Good Times Gone.
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