Eyewitness News
Local News
Eyewitness Sports
Call For Action
What's On WPRI
What's On Fox
Station Info
Online Store

MARKETPLACE:  Auto | Jobs | Personals | Yellow Pages  January 19, 2004
Valentine's Day | House & Home | Money | Pets | Recipes | Relationships | Travel | Weddings
Cheaper C-D's
Email to a Friend Printer Friendly Version  

Undated-AP -- Critics say music C-D's are overpriced, especially if you have to buy an entire album to get the one good song you like.

And some consumers say they've turned to Internet song-swapping because they got fed up with being asked to pay 18-99 for a C-D.

Well now, prices are coming down.

C-E-O Doug Morris says starting in October, Universal Music will suggest that most of its C-D's cost no more than 12 dollars and 98 cents. He says they're reducing prices because experience has shown that when music goes on sale, it draws a great deal of retail traffic. So, they're hoping to reinvigorate the industry.

Universal, the world's largest recording company, actually hopes retailers will charge less than ten dollars for its disks.

Loyola University New Orleans music marketing professor Jerry Goolsby thinks music fans will bite. He says if the music itself improves, lower prices should draw customers back to music retailers and should help the industry turn things around.

Music sales have dropped 31 percent over the last three years.

Copyright 2003 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Local News
Pats Play in AFC Championship Game
North Kingstown Morns After Fatal Car Accident
Record breaking deep freeze closes schools, prompts advisories
Police Officer and Staff Injured in Bar Brawl
Flames Rage through a Providence Home
Exeter Man Killed in Car Crash
State Representative Sherlock Passes Away
Plymouth Students Cleared in Hazing Death
Officer Assaulted in Bar Fight
Warwick Accident Kills Exeter Man
National News  more» 
New lottery may mean big business for Tennessee
AP Poll: Concerns about health care, jobs edge up, terrorism still on top
Bush honoring King while continuing State of the Union preparations
Former governor shows for Sundance film chronicling death-row clemency
Fans celebrate Panthers' Super Bowl berth
Powell looks back to King's contributions to blacks and the nation
San Francisco mayor appoints woman to head police department
Police stop plane to arrest man accused of killing ex-girlfriend, her mother
John W. Hechinger Senior -- dies dies at 84
Bush to use State of Union to launch community college-job training program

Is it the Flu?
Find out in the Family Flu Center.
About that raise...
Someone's getting one. Why not you?
Valentine's Day
Gifts, recipes, date ideas & more.
2004 Resolutions:
Find a job. Meet new people. Get healthy.
Send questions and comments about this website to the .
All content © Copyright 2004 WorldNow, WPRI, WNAC and Associated Press. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.