First CD Price Cut Ever Posted by Scott Manning on September 05, 2003 | Comments (2)

Step back, take a deep breath, gather some courage and then let out the deepest, abdominal-wrenching gut laugh you've ever experienced. Universal Music Group has lowered CD prices.

The hilarity of the situation has gone unnoticed by most media outlets. They've portrayed Universal as a brave white knight taking a bold stand to try and correct a very wrong situation. File-traders have eroded the music labels' revenue stream.

Full Story >>