Skip to main content
  1. AXS Entertainment
  2. Arts & Entertainment
  3. Music

Will new CD prices make a difference?


Is it too late to "save" the CD?
 
As compact disc sales continue to plummet, and lose the battle against digital downloads, the power house Universal Music Group has decided to try a drastic measure – cutting CD prices.
 
Prices will now be within the suggested listing price of $6 to $10 for a single disc. What this means is that they can wholesale for a lower price, such as a disc with a list price of $10 costing $7.50, $9 for $6.50, etc… With this pricing, UMG is also planning to increase their offerings of deluxe albums to get fans to spend a little more money for all of the extras offered on those discs. For a complete list of UMG artists you can soon buy discounted, click here.
Will it work? Time will tell. People are becoming much more comfortable with receiving their music with just a click of a button. Once it was the thrill to go and have a “hard copy” of the music in your hands, which is not such a big thing to a lot of people today. MP3 players and iPods are all that matter to many consumers and, if you search a little, those “bonus extras” can be found on the internet and downloaded.
The truth, however, is that with the CD platform beginning to go the way of vinyl the companies have to try something. Whether this is the answer or not remains to be seen.

Comments

  • jr 4 years ago

    Having witnessed the demise of "records" (78, 33 1/3, and 45's), my thought is that CD's will also go by the byway. Modern technology has changed the concept of managing and keeping information/music from hand held gadgets to storage capability in vehicles. No one wants to carry around anymore that they have to. Collectors who want to have a copy of the original in their collection will be among those who may interested in purchasing CD's. We are witnessing another change. The music industry needs to "wake up and smell the coffee". They need to be innovative and look outside of the box. There is always a solution.

  • ism 4 years ago

    Interesting concept which might work.

Add a comment

Join the conversation! Log in here or create a new account if you've never registered before.

Got something to say?

Examiner.com is looking for writers, photographers, and videographers to join the fastest growing group of local insiders. If you are interested in growing your online rep apply to be an Examiner today!

Advertisement

Today's top buzz...

  • Coachella
    The set times you need to know have been announced for Coachella
    Festival Buzz
  • Lamar Odom
    The New York Knicks are giving Lamar Odom another shot in the NBA
    Video
    NBA Buzz
  • Porsha Williams
    See why 'Real Housewives of Atlanta' star Porsha Williams posed for this mug shot
    Video
    TV News
  • NHL tickets
    If you're looking to catch an NHL playoff game in NYC, don't expect to do so on a budget
    NHL Buzz
  • Transcendence
    Review: ‘Transcendence’ fascinates, but does it rise above the field?
    Movies Buzz
  • Kobe Bryant
    Kobe Bryant has agreed to cooperate with an all-access documentary about his life
    Video
    Sports Buzz

User login

Log in
Sign in with your email and password. Or reset your password.
Write for us
Interested in becoming an Examiner and sharing your experience and passion? We're always looking for quality writers. Find out more about Examiner.com and apply today!