bloggedy blog

:: Thursday, September 04, 2003 ::

The recording industry wakes up
Universal, the biggest gorilla in the music industry, announced it is cutting prices on CDs in hopes of stemming the slump in sales, and "to battle the explosion in Internet music downloading". By Oct. 1, top-of-the-line CDs from Universal will cost $12.98.

"Our new pricing policy will blah blah allow us to take the initiative in making music the best entertainment value and most compelling option for consumers blah blah blah blah," said Universal Chairman and CEO Doug Morris. "We strongly believe blah that when the prices are dramatically reduced on so many titles blah, we will drive consumers back to stores blahblah and significantly bolster BLAH! music sales." (Blah blah's mine, inserted to add a bit more liveliness to the standard canned corporate quote.)

Well, this is good news for the music consumer. But will it "significantly bolster" sales? And will it stem downloading? Will it end these addictions?

Meanwhile, back at the file-swapping corral... The RIAA is planning a "scare and awe" campaign against college students who download music. Link via Relevant.

:: Andrew 07:41 + ::
...

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