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Wal-Mart Squeezing Record Labels to Cut CD Prices

Raindance writes "RollingStone.com has a revealing article detailing how retail giant Wal-Mart is making loud noises about throwing its weight around in order to get significantly better bulk prices on CDs. Says one industry executive, 'This wasn't framed as a gentle negotiation, it's a line in the sand -- you don't do this, then the threat is [your product is dropped].' This is the first time a big player has attempted this sort of hardball move on the labels, and the labels may be forced to deal, as Wal-Mart sells 1 out of every 5 retail CDs. Monopoly one, meet monopoly two."

4 of 910 comments (clear)

  1. Re:Good! by SatanicPuppy · · Score: 0, Flamebait

    Yea, but Wal-Mart is EVIL. They do this crap to everyone, including small companies which end up selling products almost at a loss. Thye exploit immagrants, and women.

    If we're lucky they'll go to war, fight it out, and niether will survive.

    --
    ad logicam Claiming a proposition is false because it was presented as the conclusion of a fallacious argument.
  2. Let me get this straight... by Rufus88 · · Score: 0, Flamebait

    Personally, I can't believe that 1 out of 5 CDs are sold in Walmart. [...] Why not concentrate on making music available for less money somewhere that I might want to buy it [...]

    So, you have a hard time believing that Walmart constitutes 20 percent of their sales, and you also don't understand why they don't concentrate on the 0.000000001% of sales that are attributable to *you*? Have I got that right?

  3. Re:Uh? by oldave · · Score: 1, Flamebait

    And you need unbleeped versions... umm... why was that again?

    Oh, that'd be because the people who write these lyrics can't be bothered with coming up with lyrics *without* the seven words you can't say on television.

    Gotcha... that's some great "music" there.

  4. All Hal Wal-Mart by nberardi · · Score: 0, Flamebait

    All hal Wal-Mart, the 3 ton elephant that everybody ignores until they move.