Universal Music To Cut CD Prices

phlack writes "CNN Money has an article about Universal Music Group's plans to slash their CD prices to $12.98 SRP, in an effort to combat piracy and bring consumers back into stores. It makes me hope the other giants will follow suit, and wonder if the music industry is finally listening to some of the consumer's complaints."

Comments

ohhh.... like $3.00 is a price cut?

[neogeek]

Slash?.. I will wait till they have a homicide of the prices.. 2-3 bucks is just a joke.

Re:ohhh.... like $3.00 is a price cut?

[RIAAwakka_nakka_bakk]

Just think about it this way. You can buy TWO gallons of gas with that much money. Oh wait, if you live in America, you can only buy ONE gallon of gas with that. Sorry.

Thank you god!

[OtakuHawk]

They are finally listening to us!

Who enrolled the RIAA execs in ECON 101?

[jellisky]

"We strongly believe that when the prices are dramatically reduced on so many titles, we will drive consumers back to stores and significantly bolster music sales," said Universal Music Chief Executive Doug Morris in the release.

------------

[sarcasm]
*GASP!* No? Really? Supply and demand works?
[/sarcasm]

Too bad some of your audience have decided to kill off a portion of your demand... okay, maybe not too bad.

Wonder what they'll learn in ECON 201 next year? ;)

-Jellisky

See I told you! ITS WORKING!!

[HanzoSan]

You see everyone! We are winning! Everyone posted saying theres nothing we can do. Just look at what this dumbass Alex said, I bet he feels stupid now

http://slashdot.org/comments.pl?sid=77075&cid=6859 923

How do you feel now Alex?

Re:never bought a CD

[theguru]

how many of us are still in grade school and can't afford to buy anything but Pokemon cards with the lousy allowance our parents give us? Just you man... just you.

Re:It's a step in the right direction...

[LineNoiz]

You know you're old when all the new music coming out sucks.

Congratulations. You are officially old.

heh.

[pb]

If they're lowering the price to match the quality of the music they're releasing these days, then I'd say they'll have to knock off a few more dollars. Here's my suggested pricing scheme:

• Pay me $5 -- I'll watch Britney on MTV with the mute button on.
  
• Pay me $20 -- I'll listen to a track from Metallica's new album.
  
• Pay me $1,000 -- I'll listen to Justin Ti...ah fuck, no I won't.

Re:It's about time

[tarquin_fim_bim]

"This price reduction has to impact their bottom line"

Not by much, the artists will loose, the record store will loose, the song writers will loose, I bet Simon Cowell & co will still be able to afford to have designer slacks that reach his nipples, whilst the poor current struggling artists can only stretch to pants that just about cover their pubic area.

Wow! You can buy taped backups?

[immanis]

The company, whose artists range from U2 to Reba McIntyre, will also cut wholesale prices on cassettes so its MSRP for top-line releases will be $8.98

Wow! You mean, you can BUY tape archives of CDs in the stores? Here I've been ripping my cds and backing them up to tape like a jerk.

This should save me LOADS of time.

Don't forget

[geekoid]

- the pleasure from standing in line, paying 75 bucks, being searched, and paying 7.50 for a glass of what some people have the gall to call beer.

- the joy of some yahoo whistling in your ear

- the added experience of other people singing your favorite song along with the artist.

Sorry, but I hate live performances. scratch that, I hate the other people at live performances. I mean, who think I went to a concert to here them sing?

don't get me started on those kids on my lawn...

Re:Don't forget

[Magic Thread]

- the pleasure from standing in line, paying 75 bucks, being searched,

Holy crap, these things cost $75? No way I'm paying that much for an event that only lasts a few hours. I could set up a FreeBSD server for the price of two of these!

and paying 7.50 for a glass of what some people have the gall to call beer.

I don't do drugs.

- the joy of some yahoo whistling in your ear

- the added experience of other people singing your favorite song along with the artist.

Okay, I'm never going to a live concert in my life. Thanks for the tips.

I like cassettes

[sheemwaza]

The company, whose artists range from U2 to Reba McIntyre, will also cut wholesale prices on cassettes so its MSRP for top-line releases will be $8.98.

I still believe that older, somewhat obsolete, formats are a great deal for those on a budget. In fact, I purchased my last copy of Windows on 5.25" floppies. 300 of them. Sure, it took over 3 months to install, but at least I feel I got my dollars worth out of Microsoft. I don't like paying for intangible things like software, but 300 floppies.... thats something you can impress your girlfriend wi...
--please insert disk 27 for rest of comment--

Re:It's about time

[ebayman]

A++++ POSTER WILL READ AGAIN.

Re:never bought a CD

[arkane1234]

Wow...
I've heard stories of people like you, but I thought they were urban legends.

Welcome to the 21st century.. this is a lighter... look, I can make fire with a flick of my finger.

Yes! Now I'll run out and buy cd's!

[armaghetto]

Oh, wait...price wasn't the problem. Shitty music was.

Note to self:
Price was the insult added to injury.

Re:It's about time

[Ian Wolf]

Optimally, what you would want to do is download the songs, and then mail the artists a nice crisp $2 bill (Or coin, or whatever) along with a letter explaining WHY you are mailing them money. That way you get the music, the record company gets boycotted, AND the band makes money...more money than they would if you bought the CD.

Make sure you put your real return address on the envelope so the subpoena can find you that much easier.