Friday, October 15, 2004

WHEN BLOATED, UNPLEASANT COMPANIES COLLIDE: It must make the Big four and a half nostalgic for the days when their biggest threat was the non-existent boogerman of downloading: now, the US labels are about to rolled over by Wal-Mart. The company - which flogs one out of every five CDs sold in US stores - has decided that it doesn't want to sell them at a loss any more; and, since they've also decided they're not going to charge more than ten bucks for a CD, they're putting pressure on the labels to cut their supply prices to USD9.72. If they don't drop their prices, Wal-Mart simply won't stock their stuff. As the Slashdot post puts it: Monopoly One, meet monopoly two.

No comments:

Post a comment

As a general rule, posts will only be deleted if they reek of spam.