2024-05-24 06:12:47
cd price war – ignorance is strength economics/market data/middlemen/music/news

Rolling Stone : Wal-Mart Wants $10 CDs:

Getting Wal-Mart excited about carrying a record is at the top of every label’s to-do list, but it’s harder than it sounds. There is an immense cultural chasm between slick industry executives and Severson’s team of three music buyers at Wal-Mart headquarters in Bentonville, Arkansas. Only one of the three had ever worked in music retailing — until that person moved to a new division in August and was replaced by someone who previously bought Wal-Mart’s salty snacks.

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