Universal to cut CD prices to between $6 and $10

Posted in News by Conner Flynn on March 18th, 2010

The music business continues its downward spiral. Universal, one of the big four record labels, is now planning to cut the prices of almost all of its CDs to between $6 and $10.

This new test is called the Velocity program. The average price for CDs has been between $10 and $12 for awhile. And if they stick to this, other labels will do the same. Great for music lovers, bad for them. Could this really make actual CDs cheaper than downloads? Are Cds even worth making anymore?

Everyone wants digital downloads. Why bother making CDs at all?

[Gizmodo]

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One Comment to “Universal to cut CD prices to between $6 and $10”
  1. chrome262 Says:

    If they would of done this in the beginning, then pirating wouldn’t of been an issue. Why pirate a cd when you could of got it for less then the time it took you to steal it. now of course with faster speeds and legitimate downloads it is a lost opportunity but once again to little to late. if it was done earlier, they might of slowed the whole digital download craze. as it stands now, i think actual physical media is on the way out, good luck universal.

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