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!
**** off RIAA!
Comment