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Old September 4, 2003, 17:14   #1
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Hahaha, take that RIAA!
The world's largest prodcuer of CDs has annouced they will cut prices by up to 30% on all of it's CDs. The average suggested retail price will go from $18 to $13. Universal says it is trying to get itself out of a sales slump with has lasted several years and that they expect other makers to follow their price reductions. Universal continued to blame online file sharing with the sales decline (instead of crap products as many analysts believe) but said it was clear they could no longer justify the high prices.

**** off RIAA!
http://news.bbc.co.uk/2/hi/entertainment/3079854.stm
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Old September 4, 2003, 17:15   #2
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Old September 4, 2003, 17:16   #3
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FINALLY!!!!!

But really, it should be more like $10.
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Old September 4, 2003, 17:16   #4
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Quote:
The current wholesale price to record stores is $12.02 - but this will now start at $9.09.
That's whole sale and the retail will be around 13 though you can download from Apple's web site for around a dollar per song. Some of the web sites are deceptive though because the files expire or only let you have certain number of plays and then you have to buy it again.

Long live Kazaa! I'll pay pay up to $5 for a full CD but not a penny more. I guess that means I'll just have to wait for the price to fall some more.
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Last edited by Oerdin; September 4, 2003 at 17:21.
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Old September 4, 2003, 17:18   #5
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note thats still suggested value. stores will still mark it up a bit.
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Old September 4, 2003, 17:19   #6
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This is great. They finally admitted their CDs weren't worth it any more
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Old September 4, 2003, 17:20   #7
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Good news.
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Old September 4, 2003, 17:24   #8
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This still amazes me, I've been paying $13 Canadian on new CDs for years.
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Old September 4, 2003, 17:30   #9
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I'm still going to download mp3's.
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Old September 4, 2003, 17:31   #10
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Quote:
Originally posted by Sava
I'm still going to download mp3's.
Me too.
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Old September 4, 2003, 17:31   #11
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Me too, but I'll be more wiling to shell out for cds now. Just no way I'm gonna pay $18 $19 for one. A DVD is almost as much, and I can buy used cds with the same quality for $6. So RIAA can suck my white ass.
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Old September 4, 2003, 17:45   #12
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I'd only consider buying CD's if they were around $5-$7...
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Old September 4, 2003, 17:46   #13
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If the price falls below $5, I may start buying CDs again.
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Old September 4, 2003, 20:44   #14
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If the price falls to around 10$, I'll begin buying.
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Old September 4, 2003, 20:46   #15
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Quote:
Originally posted by Sava
I'd only consider buying CD's if they were around $5-$7...
So you're the guy I saw thumbing through HMV's selection of Engelbert Humperdinck the other day.
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Old September 4, 2003, 20:56   #16
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I still don't like much new music that has been produced recently, so I doubt if I would be buying or downloading.
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Old September 4, 2003, 21:09   #17
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I tend to download songs until I have enough to start feeling guilty that I'm screwing the artist, then I might go and buy an album. If they lower the price, I'll use the same method, but I'll feel guilty quicker. So maybe down to 30 songs by any one artist
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Old September 4, 2003, 21:17   #18
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I think it will be really, really cool when rock and all the other genres of pop music go belly up.
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Old September 4, 2003, 21:27   #19
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Doc -
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Old September 4, 2003, 21:28   #20
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Who are these people who spend $18 on CDs . I go to Target and pay no more than $15... if that.
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Old September 4, 2003, 21:38   #21
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Quote:
Originally posted by Dr Strangelove
I think it will be really, really cool when rock and all the other genres of pop music go belly up.
I hear you.
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Old September 4, 2003, 21:39   #22
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Originally posted by Imran Siddiqui
Who are these people who spend $18 on CDs . I go to Target and pay no more than $15... if that.
They're folks who have a need to justify their actions. Surely you don't expect people of the quality of our clientelle to be seen in places like Target stores? Honestly, they might as well drink Budweiser.
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Old September 4, 2003, 21:51   #23
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I haven't bought a cd for over $15 in years

Anyways, this is great news! I might just have to go on a little cd shopping spree soon

$10 would be nice.... at virgin megastore in the city (after all there is only one ) they have a whole bunch of cd's onsale for $10 all the time

I got the Clash's London Calling, Bob Marley's Legend and Wilco's Yankee Hotel Foxtrot for $10 each!
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Old September 4, 2003, 21:57   #24
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Yes, this is great! Now if I can just get people to steal HDTVs, so the price goes down to 300 bucks.
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Old September 4, 2003, 21:58   #25
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I got a signed CD of Black Velvet (the most successful Irish Traditional Music group in Israel) for 30NIS (~$6.7US).
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Old September 4, 2003, 21:59   #26
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the most successful Irish Traditional Music group in Israel
Oh my God...that was so funny for some reason.
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Old September 4, 2003, 22:10   #27
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Ya, you're kinda right Asher. But they're quite good really. I play in a different style but I must acknowledge their superiority. At least technical superiority. I know that if ever I become successful enough a musician to put out albums I'll prob. share them on the 'net beside selling "goodwill" CD for a symbolic sum or something. But then I'm a commie.
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Old September 4, 2003, 22:41   #28
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Apolyton News Brief:

Bad news for the recording industry brings Poly posters closer together.
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Old September 4, 2003, 23:13   #29
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Re: Hahaha, take that RIAA!
Quote:
Originally posted by Oerdin
The world's largest prodcuer of CDs has annouced they will cut prices by up to 30% on all of it's CDs. The average suggested retail price will go from $18 to $13.
BFD. Fat Wreck Chords CDs have been $13 for a while now. Projekt and Dancing Ferret are in the same neighborhood.

Basin Street is at $16/CD but jazz has a lower profit margin.
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Old September 5, 2003, 01:34   #30
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That's a good first step for UMG, but not far enough.
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