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14-October-04, 02:35 PM
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| News Hound  |  Slashdot // Wal-Mart Squeezing Record Labels to Cut CD Prices Raindance writes "RollingStone.com has a revealing article detailing how retail giant Wal-Mart is making loud noises about throwing its weight around in order to get significantly better bulk prices on CDs. Says one industry executive, 'This wasn't framed as a gentle negotiation, it's a line in the sand -- you don't do this, then the threat is [your product is dropped].' This is the first time a big player has attempted this sort of hardball move on the labels, and the labels may be forced to deal, as Wal-Mart sells 1 out of every 5 retail CDs. Monopoly one, meet monopoly two." http://slashdot.org/article.pl?sid=04/10/14/1222237 | |
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