Wal-Mart stirs CD pricing pot with multi-tiered plan (Reuters)
Date : 01 Mar 2008 Category : Entertainment
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.