Wal-Mart Want To Slash CD Prices?

03/03/2008
. (Reuters) The major music companies have been resistant to lowering their price on CDs, but now they may be dragged to that point: Wal-Mart, the largest retailer of music with an estimated 22 percent market share, has proposed a five-tiered pricing scheme that would allow the discounter to sell albums at even lower prices and require the labels to bear more of the costs.

According to sources, the Wal-Mart proposal would allow for a promotional program that could comprise the top 15 to 20 hottest titles, each at $10.

The rest of the pricing structure, according to several music executives who spoke with Billboard, would have hits and current titles retailing for $12, top catalog at $9, midline catalog at $7 and budget product at $5. - more on this story

Preview and Purchase Wal-Mart CDs

Wal-Mart MP3 Downloads

.

Day In Rock

Bon Jovi: Forever Coming In June- Nonpoint's Robb Rivera Updates Fans After Being Rushed To Hospital- Nine Inch Nails Delay Tour Announcement- more.

Ozzy Osbourne and Billy Morrison Premiering New Single This Week- Expanded Eric Clapton Unplugged Coming To Movie Theaters- more

Day In Country

Kenny Chesney Kicking 2025 Off With Today and The Tonight Show Appearances- The Oak Ridge Boys Add Dates To American Made Farewell Tour- more

Reviews

Live: Burton Cummings

Sites and Sounds: Music Adds to Your Caribbean Fun in Sint Maarten - Saint Martin

The Blues: Ollee Owens- Kenny 'Blues Boss' Wayne- more

Live: Dave Koz & Friends

Beatles Vinyl Box Set