Friday, April 16, 2004

Hollywoodreporter.com

Hollywoodreporter.com: "Universal Music Group will raise the suggested retail price of its CDs by $1 to improve profit margins for merchants after many balked at the company's push to slash prices, a source familiar with the plan said Friday. The move could leave consumers paying about $11 for a popular CD. Universal's new suggested retail price will be $13.98, but most retailers typically charge less than that amount"

in an as yet unpublished paper presented to my class the other day this figure was put forth. internal studies at a major record lable showed, at a price point of $12.98 - 70% of consumers will make the purcase, when raised to $13.98 - 30% buy. brings to mind just this...

you stoopid fuks get what you deserve!!!

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