$9.99 for a new CD release, yes it has happened

This is because Hi-Rez is flushing the market. I got some great deals on Hybrid SACDs at below $14. I tried to share the info here but it was censored.

I work in books and when they do that both the Publisher and Vendor share the discount. I dont think they would leave their stores out in the cold like that.

Bundee1,

I suppose that the publishing industry is pretty ruthless at times also. There was no offer made to credit his inventory to the new wholesale values. The information I've provided was shown to me by the record store owner. He's not going to sign up. I should also mention that about 17% of his inventory is currently UMG. In fact, the local paper (Gannett) did a write up on this too. I've tried to be factual and only see one error I made which was calling them Universal Music Works rather than Universal Music Group.

I remain opotomistic about the remaining record labels following suit but being kinder in their demands. This can be a very good thing but I still worry about the individually owned stores. We'll just have to wait and see.

Will he sell at the inflated price until his inventory runs out?

about time

the cost to reproduce versus selling cost has never been worse than the cd market - shame on them
unfortunately its the record company making the big bucks
putting out crap product and blaiming it all on the music public "burning" everything.
my daughter is part of the problem (no - it's simple economics she can't fork out $18 for music so she goes to mp3s - plus her attention span is only 2 months of burnout on anything she listens to)

sorry Charles, I buy plenty of music - but I really have to dig these days for any new quality product
(the bands exist - they just don't push the ones with talent and potential)

but now that I have a fancy Nottingham turntable
I'm mostly kissing the huge markup on cds a big and cold goodby

can't get that vpi cleaner fast enough