September 03, 2003

Universal Music to reduce CD prices

Looks like Universal is finally starting to get that maybe extreme prices had a little something to do with the reduction in CD sales. All I can say is it's about time. $12.98 is a start, but is it enough?

If other labels also follow suit this will make the pricing of online services like the iTunes Music Store seem even more outrageous. There's still a very large gap between what the labels consider fair pricing and what is really fair pricing. I guess we have to take baby steps at first.

Posted by kstaken at September 3, 2003 09:20 PM | TrackBack