Thursday, September 04, 2003


UMG Cuts CD Prices


Could this be? Some sort of positive action from the record labels, instead of the usual complaining about filesharing and tossing subpoenas around? The next question is whether the other majors (and indies?) will follow UMG as far as cutting prices. I would think that they almost have to. One interesting point — UMG cut their wholesale price by $3, but they’re pushing a $6 lower SRP, which means they’re expecting resellers to hop on board and cut their margins, too.

In other music news, George made a big splash with his test of whether the right of first sale still exists with commercial music downloads.


:: Dave Walker 09:46 (EST/EDT) [+]

:: [/entertainment/music]
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