Hurray for Universal Records

[gitchesum]

Finally a record company that understands why people don't buy CD's and is doing something about it.

Think the rest of the major labels will follow suit?

I'll pay $10 for a CD, no problem. It's the $15-$20 per CD that gets my goat.



Do you think this will cut down on some of the music sharing going on these days? Do you think the record companies will make money by cutting prices?



http://story.news.yahoo.com/news?tm...5&u=/ap/20030904/ap_en_mu/universal_music_cds

 

[MCummings]

Oh, $12 for a new CD,, nice. No more music swapping? I don't like that,, I usually hear a song on the radio, then spend 45 minutes, trying to find it on Kazaa, find the album name, song name, then go buy it at a store. but at the $20/CD and the junky music they have,, no thanks, it's a rare time when I spend $20/CD, unless it's a good one. I own about 120 cd's, and I have only about 10 cd's that you can actually listen to through the complete album.



Merrick Cummings Jr

 

[duaneparks]

I didn't read the same story y'all did or something...



From what I gathered in that article, the wholesale price was dropping about $3, which means the retail price *may* drop $3 from 18. 98 to 15. 98. So $17 and some change (including tax) for a CD is still too high IMO.



My mom works for Anderson News in Knoxville, TN, one of the largest suppliers to, dare I say it, Wal-Mart. CD's are a big part of their business, and they have been badly hurt by the music sharing on the 'net. She predicted that CD's and DVD's would start having local or regional special offers inside them to entice buyers. That has started happening... I bought a DVD the other day and found a coupon in it. I haven't bought a new CD in a while, so I can't comment on them.



Duane

 

[gitchesum]

My comments were more towards this quote, IF it ever happens.

Universal hopes the actual retail price of most of its CD will end up about $10 or less, comparable to the $9. 99 retail price that music fans enjoyed in the early 1990s, at the height of a price war between the recording companies.

The last CD I bought was only $15. 00 at Best Buy. Most of thier CD's were priced the same. Even if the wholesale price drops $3. 00, I would still pay $12. 00 for a CD.



Actually, the last one I bought was only $12. 00, but it was directly from Roger Creager's website, and the shipping charges brought it up to $15. 00. And, since I was one of the first thousand to pre-order it, I get an autographed copy.

 

[jmeehan]

The last CD I bought was at amazon.com and it was used. I don't remember the price but it was better then new.

 

[Andy Perreault]

The record labels have been ripping off the public for years. I certainly do not feel sorry for them at all! The fact that they're lowering the prices is proof that they can afford it and not go out of business. I own over 300 CD's, and most of them I bought from the used CD section of record stores, usually for $7-8. I refuse to pay over $15 for any CD!

BTW, I have not downloaded music from Kazaa, I use WinMX . I almost always find what I'm looking for there.

Andy