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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."

5 of 910 comments (clear)

  1. Re:some glorious act of disobedience or blasphemy by cexshun · · Score: 0, Offtopic

    Actually, being one who roast his own coffee beans, I can asssure you that your statement is false. The process of decafinating beans also removes essential oils from the beans, resulting in a lackluster flavor. It is chemically impossible to have decaf taste "just as good" as the good stuff. I'll leave it to you to google for the exact process because unlike other arrogant people on here, I am not a teacher.

  2. Re:My eyes are filling with tears for the labels.. by glenrm · · Score: 0, Offtopic

    I can't believe that 1 out of 5 CDs are sold in Walmarts != and full of people.
    Look I am with you on Wal-Mart do not like shopping there, but I didn't like AOL either but the signed up a ton of people and the stock went up over 1000% in the 90's.

  3. Re:Monopoly powers evening each other out... by MinotaurUK · · Score: 0, Offtopic
    You'd think the 5 major countries that use the most oil could form a bargaining voice powerful enough to counter OPEC in this same way....speaking of dangerous challenges.

    Completely off-topic, but do you really want to counter OPEC to massively increase production bringing oil prices down to stupidly low prices? Think about it carefully, whilst oil is as expensive as it is now, it makes more environmentally acceptable forms of energy seem much more cost effective by comparison. Surely that's a Good Thing (TM).

  4. Yo... by Sfing_ter · · Score: 0, Offtopic

    Bitch! Meet Slap!

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  5. Re:My eyes are filling with tears for the labels.. by 3terrabyte · · Score: 0, Offtopic

    Don't bug him now, he's carefully crafting his next +5 post.

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