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Wednesday, September 3, 2003 |
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Reality starts to hit the music industry: The day after a report suggested the
compact disc is heading the way of the 8-track tape, the world's
largest music label conglomerate promised a steep cut in music CD
pricing.
Universal Music Group on Wednesday said it will slash its wholesale prices and reduce its suggested retail pricing for music CDs to $13, from between $17 and $19. The day after a report suggested the compact disc is heading the way of the 8-track tape, the world's largest music label conglomerate promised a steep cut in music CD pricing. [News.com] 9:48:59 PM 
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An iTunes Music Store song for sale on eBay. Current bid is > $9,000 which doesn't seem too realistic, given that it could be purchased new for $.99. But if something like this did go through, I am mystified as to how the buyer could play it on their machine, given Apple's DRM. My guess is that it isn't currently possible. Update: an interesting Cnet article about the legal issues. 5:51:00 PM
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