18 Sep
2003
18 Sep
'03
11:03 a.m.
What surprises me is that the rest of the major labels haven't bit the bullet and dropped their prices in response to Universal's doing so. We're in for a fun quarter...
I just found out that to GET the new, lower price, stores have to sign a contract that, among other things, requires them to devote 25 or 30% (sorry - I forget which is the correct % - and does it really MATTER which it is?) of their floorspace to Universal product. It's NOT just a lowering of prices. Universal are trying to force stores (esp. indie stores) to carry a specific amount of their product. it's shameful and disgusting, and I can't believe that no one in the news media is reporting on THIS aspect of 'lower priced CDs for the common man'... Steve F.