{"id":1687,"date":"2003-09-04T04:55:30","date_gmt":"2003-09-04T18:55:30","guid":{"rendered":"http:\/\/michaelhans.com\/eclecticism\/2003\/09\/04\/universal-dropping-cd-prices\/"},"modified":"2019-12-06T08:55:29","modified_gmt":"2019-12-06T16:55:29","slug":"universal-dropping-cd-prices","status":"publish","type":"post","link":"https:\/\/michaelhans.com\/eclecticism\/2003\/09\/04\/universal-dropping-cd-prices\/","title":{"rendered":"Universal dropping CD prices"},"content":{"rendered":"<div class='__iawmlf-post-loop-links' style='display:none;' data-iawmlf-post-links='[{&quot;id&quot;:13544,&quot;href&quot;:&quot;http:\\\/\\\/www.nytimes.com\\\/2003\\\/09\\\/04\\\/business\\\/media\\\/04MUSI.html?ex=1378008000&amp;en=36bdcd421ed5eb1d&amp;ei=5007&amp;partner=USERLAND&quot;,&quot;archived_href&quot;:&quot;&quot;,&quot;redirect_href&quot;:&quot;&quot;,&quot;checks&quot;:[],&quot;broken&quot;:false,&quot;last_checked&quot;:null,&quot;process&quot;:&quot;done&quot;}]'><\/div>\n<p><a href=\"http:\/\/www.nytimes.com\/2003\/09\/04\/business\/media\/04MUSI.html?ex=1378008000&amp;en=36bdcd421ed5eb1d&amp;ei=5007&amp;partner=USERLAND\" title=\"Universal to Cut Prices of Its CD's\">It&#8217;s about damn time<\/a>.<\/p>\n<blockquote><p>\n  Battered by online piracy, the Universal Music Group, the world&#8217;s largest record company, said yesterday that it would cut prices on compact discs by as much as 30 percent in an aggressive attempt to lure consumers back into record stores.<\/p>\n<p>  Under the new pricing scheme, Universal would lower its wholesale price on a CD to \\$9.09 from \\$12.02. The company said it expected retail stores to lower CD prices to \\$12.98, from the \\$16.98 to \\$18.98 they now charge, and perhaps to as low as \\$10. When CD&#8217;s first arrived on the market they cost \\$15.98, and have climbed from there.\n<\/p><\/blockquote>\n<p>This has been <em>far<\/em> too long in coming &#8212; but at least it&#8217;s finally starting.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Under the new pricing scheme, Universal would lower its wholesale price on a CD to $9.09 from $12.02.   The company said it expected retail stores to lower CD prices to $12.98, from the $16.98 to $18.98 they now charge, and perhaps  to as low as $10.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2035],"tags":[80],"class_list":["post-1687","post","type-post","status-publish","format-standard","hentry","category-music","tag-music"],"_links":{"self":[{"href":"https:\/\/michaelhans.com\/eclecticism\/wp-json\/wp\/v2\/posts\/1687","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/michaelhans.com\/eclecticism\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michaelhans.com\/eclecticism\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michaelhans.com\/eclecticism\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michaelhans.com\/eclecticism\/wp-json\/wp\/v2\/comments?post=1687"}],"version-history":[{"count":0,"href":"https:\/\/michaelhans.com\/eclecticism\/wp-json\/wp\/v2\/posts\/1687\/revisions"}],"wp:attachment":[{"href":"https:\/\/michaelhans.com\/eclecticism\/wp-json\/wp\/v2\/media?parent=1687"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michaelhans.com\/eclecticism\/wp-json\/wp\/v2\/categories?post=1687"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michaelhans.com\/eclecticism\/wp-json\/wp\/v2\/tags?post=1687"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}