View Full Version : Walmart Wants Lower Music Prices
Prostitroop 10-17-2004, 06:28 AM Walmart wants every CD you buy to cost less than $10. They state that CD's are way overpriced, but the record companies said, that deal will never fly. Walmart is also demanding the music industries to lower it's prices.
Walmart told the record companies to charge what they have to charge or they will discontinue selling their products and replace it with more lucrative DVDs and video games, which they make lots more money on.
Since the music sales account for only 2% of Walmarts totals, then they could pull music completely and not suffer.
Since they generate a lot more sales on DVD's and Video Games, they can expand the video game and DVD library, and due away with music.
Read this article. http://news.dmusic.com/article/14567
neils7147933 10-17-2004, 09:43 AM Walmart wants every CD you buy to cost less than $10. They state that CD's are way overpriced, but the record companies said, that deal will never fly. Walmart is also demanding the music industries to lower it's prices.
Walmart told the record companies to charge what they have to charge or they will discontinue selling their products and replace it with more lucrative DVDs and video games, which they make lots more money on.
Since the music sales account for only 2% of Walmarts totals, then they could pull music completely and not suffer.
Since they generate a lot more sales on DVD's and Video Games, they can expand the video game and DVD library, and due away with music.
Read this article. http://news.dmusic.com/article/14567
They might as well pull them. Who buys CDs there anyway? Everything's edited for content.
Prostitroop 10-17-2004, 07:07 PM They might as well pull them. Who buys CDs there anyway? Everything's edited for content.
True. But Walmart is a huge music retailer, even though music sales account for only 2% of their sales totals.
Another thing, Walmart only caters to the pop culture and... Country music.
You will never find any rare, imports or hard to find music ever at any Walmart.
The sad thing is if only Walmart lowers it's prices (which Walmart almost always has their way), the smaller music chains and mom and pop shops may feel threatened and go out of business.
At least Walmart is demanding the entire music industry to reduce it's prices.
abdiel2k3 10-17-2004, 07:28 PM True. But Walmart is a huge music retailer, even though music sales account for only 2% of their sales totals.
Another thing, Walmart only caters to the pop culture and... Country music.
You will never find any rare, imports or hard to find music ever at any Walmart.
The sad thing is if only Walmart lowers it's prices (which Walmart almost always has their way), the smaller music chains and mom and pop shops may feel threatened and go out of business.
At least Walmart is demanding the entire music industry to reduce it's prices.
for ten bucks id buy more cds
but like the other guy said
they are real edited
Prostitroop 10-17-2004, 07:53 PM Here's a standard run-down on where the money goes to each CD you purchase at regular price...
$0.17 Musicians' unions
$0.80 Packaging/manufacturing
$0.82 Publishing royalties
$0.80 Retail profit
$0.90 Distribution
$1.60 Artists' royalties
$1.70 Label profit
$2.40 Marketing/promotion
$2.91 Label overhead
$3.89 Retail overhead
Slipx 06-30-2005, 08:48 PM this is one of the reasons i cant stand it when some ******* who owns a local hardware store that's going under complains about walmart.
cheap dvds, cheap underwear, and i can even pick up pots for my plants and organic fertilizer while im at it, walmart wins
MetalVomit 07-01-2005, 11:09 PM Here's a standard run-down on where the money goes to each CD you purchase at regular price...
$0.17 Musicians' unions
$0.80 Packaging/manufacturing
$0.82 Publishing royalties
$0.80 Retail profit
$0.90 Distribution
$1.60 Artists' royalties
$1.70 Label profit
$2.40 Marketing/promotion
$2.91 Label overhead
$3.89 Retail overhead
That's why you go indie. You sign with an indie, sell your **** for ten bucks a disc. Sell 150,000 copies and you're ****ing set. Walmart is the devil anyway. **** walmart and whoever created it, they are making a killing in every aspect of merchendising basically, they shouldnt be complaining about this bull****.
masterdirector 07-02-2005, 12:25 AM That's why you go indie. You sign with an indie, sell your **** for ten bucks a disc. Sell 150,000 copies and you're ****ing set. Walmart is the devil anyway. **** walmart and whoever created it, they are making a killing in every aspect of merchendising basically, they shouldnt be complaining about this bull****.
I don't agree with **** whoever created Walmart I mean damn, it had to start out small I'm sure.
But you're absolutely right. Independent labels is how you really get paid in music. That's why Canibus isn't signed, he turned down some offers. If he can get even just 50,000 CDs shipped throughout the States, which he can, at say $10 a pop, that's still $500,000 which is basically all his, minus some fees but nowhere near if he's with a big label.
I ****ing hate the ICP, think they're queer as hell, but I do admire their business ambition. They've made a killing on the indy music track. And they ****ing suck, that's the most funny thing. They've put out what, probably nearly 10 albums, most of which has sold at least 100 k copies each. They get "street cred" from fans for not "selling out" and they get paid more than most musicians on major labels. Only your very top artists are making more than ICP, I'm talking your Eminems and Jay Zs. Beanie Siegel and Phillys Most Wanted, etc, aren't really making what they look like they're making.
Oh yeah, who the hell buys CD **** from Wal-mart? Hahahahaha. I mean, pop **** or things without language I guess, but yeah.
As far as these mom and pop things go, let me say this. Wal-mart exists and malls exist. People still buy the same exact **** at malls that they could get much cheaper at wal-mart. A mom and pop store can still make it today, although yeah it is a lot harder. Many mom and pop stores have started using the power of Ebay to stay in business, and hell even flourish. Probably costs less to open a store on Ebay, and you don't have to meet the annoying customers. And you have a much wider audience.
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