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Universal Music To Cut CD Prices

Posted by simoniker on from the piracy-begone-with-magical-price-cut? dept.

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."

5 of 835 comments (clear)

  1. Yeah Right by taradfong · · Score: 4, Informative

    How generous. Rather than making 90,000% profit on $0.02 worth of plastic, they're
    taking it in the shorts with a measly 65,000% profit.

    Give me a break. Like $12.98 is going to make me get excited about driving my car to a Brick and Mortar to purchase $0.02 of plastic. This is like Microsoft's strategy of settling lawsuits by selling software at a discount to schools.

    --
    Does it hurt to hear them lying? Was this the only world you had?
    1. Re:Yeah Right by hondo77 · · Score: 4, Informative

      Hmm. I pulled a CD out of the air (Live at Carnegie Hall by Renaissance) and compared the Cheap CD price with Amazon and Amazon came out cheaper by almost a buck. Maybe they're not as near wholesale as you think (plus no handling charge and free shipping (over $25) at Amazon). FYI.

      --
      I live ze unknown. I love ze unknown. I am ze unknown.
  2. The only reason why they are Listening is because by HanzoSan · · Score: 4, Informative


    We are fighting back. People are boycotting, people are buying used CDs, people are setting up sites like

    http://www.downhillbattle.org/
    And http://www.boycott-riaa.com/

    The fight is just beginning! Its not even close to being over. This should prove that fighting back works more than begging politicians with emails and letters.

    --
    If you use Linux, please help development of Autopac
  3. Re:It's about time by Magic+Thread · · Score: 4, Informative
    A lot of people, myself included, would prefer to buy our music legitimatly.
    Even though you know artists are better off if you don't?
  4. As usual, Canada leads by Art_Vandelai · · Score: 4, Informative
    The Globe and Mail had this article to add..

    Universal Music cuts CD Prices

    What's most interesting here is not the price of CD's, (which at $14.95CAD is about $11 US), but that they plan to offer Canadian downloads in October for 99 cents (Canadian) a song!

    It's too early to say whether any of the other labels will participate, and what kind of restrictions are going to be put on the media. Still, it looks like the Canadian industry has taken a much more concilaitory approach to the problem of filesharing, by giving up on the price, and offering additional share of downloaded fees to artists as well - so at least they're trying to adress some of the complaints on this and other forums.