Wal-Mart Want To Slash CD Prices?
03/03/2008
.
(Reuters) The major music companies have been resistant to lowering their price on CDs, but now they may be dragged to that point: Wal-Mart, the largest retailer of music with an estimated 22 percent market share, has proposed a five-tiered pricing scheme that would allow the discounter to sell albums at even lower prices and require the labels to bear more of the costs. According to sources, the Wal-Mart proposal would allow for a promotional program that could comprise the top 15 to 20 hottest titles, each at $10. The rest of the pricing structure, according to several music executives who spoke with Billboard, would have hits and current titles retailing for $12, top catalog at $9, midline catalog at $7 and budget product at $5. - more on this story 
Click here to read today's full report
Preview and Purchase Wal-Mart CDs
Wal-Mart Tour Dates/Tickets
Wal-Mart MP3 Downloads
tell a friend about this article know of a news item we should cover?  antiMUSIC News featured on RockNews.info and Yahoo News
.
Rant or Rave? Your turn, post your comments and thoughts on this news item. But hey keep it clean, we wouldn't want to have to wash your mouth out with Old Spice.
register | forgot your password?
...end | 
