Posted on - September 3, 2003 [at] 10:30 pm by Brad
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Universal Lowers the Cost of a CD from $17-$19 to $13.
UMVD President Jim Urie said the move will benefit consumers and the company’s retail customers, while invigorating the overall music industry. “Music fans will benefit from these price reductions. Our new pricing model will enable U.S. retailers to offer music at a much more appealing price point in comparison to other entertainment products.”
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4 Comments on this post
JBB on Universal Lowers the Cost of a CD
September 4, 2003 at 2:28 am
Yeah, I wonder if Circuit City doesn’t get their CDs from Universal, because they’ve always been around $14 on average for their CDs. Hmmmm. And of course, MSRP is always more than stores (are supposed to) charge, so maybe we’ll be down around the ten buck mark.
I’ve been getting quite a few “new” bands at the ten dollar price point in the last year or so. Nora Jones, Gay Dad, Yeah Yeah Yeahs, for example. Then when Nora Jones hit big, she was up to the $18 level.
Anyway, finally Universal at least is seeing the light and realizing that their outrageous price point is keeping them from maximizing sales volume. Heh. Moving units.
aniki on Universal Lowers the Cost of a CD
September 4, 2003 at 7:57 am
I just hope we get a similar kind of price drop in the UK; here in Belfast, most new CDs are around £15 to £17 ($24 – $27), and a drop to around the $14 mark (to £9) would be great.
haumovie on Universal Lowers the Cost of a CD
September 4, 2003 at 12:18 pm
aniki, I agree. They seem to be ignoring the rest of the world. CD’s are already cheaper in the US than in most of Europe. How about getting them down around at least the £8 mark….
Brad on Universal Lowers the Cost of a CD
September 5, 2003 at 1:13 am
I picked up Grandaddy’s Sumday album on release day for like $12 Canadian. Radiohead’s was released the same day and was $18.
I appreciate the savings but I also hope that Grandaddy got some money because I don’t want them to have to quit music forever.