Cost Calculation for Music CD Production

The diploma thesis covers the identification and management of costs in CD production, from the initial idea, writing lyrics and music, to arrangement and recording, and the physical production of a specific quantity of CDs.

Solution and Method

The diploma thesis covers the identification and management of costs in CD production, from the initial idea, writing lyrics and music, to arrangement and recording, and the physical production of a specific quantity of CDs. On the Slovenian music scene, we find a range of ** service providers** who help performers release their own CDs. Of course, this is not free of charge, and each service incurs costs for the author, which must be covered by selling a certain quantity of products.

In today's era of the internet and piracy, and with the growing financial crisis, achieving profitable sales is not easy, which is why it is all the more important to know how to plan and manage costs. The emphasis of the diploma thesis is primarily on ** how to create a product that is priced affordably enough** not to stand out against competing products offered on the domestic market, whilst satisfying customer expectations and covering all costs incurred without generating a loss. Thus, in most cases, it is necessary to find a compromise between quality and the price that the market is willing to pay for such a product.

This means that we must know the types and magnitude of costs and optimise the entire production process accordingly.