universal scraps plans
an important event today, that i can’t properly address fully at the moment:
there are several reports floating around, here’s one from npr (with a link to the audio), on the universal music cd price cutting theory and how well it went over with the retail outlets.
this is a version of the story from from the washington post
What a bunch of crap! What ever the profit margin of the local stores was, they could still continue to tack on that margin. Either universal was really lowering the price of the CD’s or they were revailing the cost to the local dealers. I suspect the latter.
Comment by Gik — September 24, 2003 @ 8:35 pm
revailing = revealing. oops.
Comment by Gik — September 24, 2003 @ 8:49 pm