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I was gonna answer this, but instead I'll just say that Gortuk above is pretty much on the money. CDs in Japan are so damn expensive because the government says they have to be. A third confirmation of Gortuk's reasoning.
The bonus tracks are to encourage Japanese to buy the Japanese edition. So how about CDs released in Japan of Japanese artists? Are they also as expensive as the CDs released in Japan of foreign artists? Do they have "extra" tracks too? They don't have extra tracks--although sometimes the production values are a bit nicer than those of American CDs; you get a very nice lyric book, or your CD in a nice box.
CDs by Japanese artists don't have an "import" version to compete in the marketplace, so they don't need to have the extra incentive to induce people to buy the Japanese version. The inclusion of a bonus track was developed to discourage Japanese consumers from buying on import, as they would then get less content. I'm not clear on why the cost of CDs is so high in Japan.
I just like them because of the bonus tracks are usually live performances or obscure cool extra tracks we might not otherwise hear on our copies.
And making special editions for Japan makes financial sense when it wouldn't for most other countries. They have historically purchased almost as many CDs as America but with a much smaller population. The attraction of Japanese CDs and records is quality. Whatever tape the record company had lying around, they used it to produce the CD. This obviously resulted in early CD releases of good albums sounding like shit.
Pink Floyd Meddle is one good example. The first release of this album on CD paled in comparison to the vinyl release. Later CDs were sold as "remastered" which generally improved things. Some think that this was all a ploy by record companies to make more money, but who knows. Before CDs it was possible to buy Japanese import records.
These were almost always considered preferable to the USA pressing. Japanese records were said to all be made from "virgin vinyl" vs.
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