Universal Music cuts CD prices up to 30% – Sep. 4, 2003
NEW YORK (CNN) – Hoping to win back customers lost to free music downloads, one record company is slashing prices.
Universal Music Group said Wednesday it is cutting the suggested retail price of its compact discs to $12.98 from current prices ranging from $16.98 to $18.98.
So will enough people increase their music buying to make the labels think this is a good move?
I’d be happy if they’d make their back catalog available through a service like iTunes.