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Companies raise price of Whitney Houston’s music following her death

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Thanks for reminding everyone why the recording industry is despised by so many people. Remind me again why the Obama administration was so keen to help that industry? Isn't it an amazing coincidence that the album prices somehow go up to the same price? Wouldn't we normally call that collusion? MSNBC:

It's easy to get so emotional about a singer after they've passed prematurely, as Whitney Houston did Saturday at the age of 48. But fans seeking to buy her albums in remembrance weren't too happy at sudden price hikes so soon after her death.

The Brits picked up on it quickly, with London-based Next Web writer Matt Brian and The Guardian's Josh Halliday both finding the price increases, which raised Houston's "The Ultimate Collection" 2007 album from £5 (about $7.89) to £8 (about $12.63). In the United States, the cost is even steeper: $15 for the "Greatest Hits" collection at both Amazon and iTunes.

Halliday found out that Sony Music increased the price of "The Ultimate Collection" at about 4 a.m. Sunday, not even 12 hours after news broke of Houston's death. Fans were quick to point fingers at Apple for the anti-sale, but it turned out that when Sony bumped up the wholesale price of "The Ultimate Collection," iTunes and other retailers automatically upped their pricing.

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