Eight months after cutting its CD prices to $12.98 at retail, the Universal Music Group has raised the price to $13.98. Wholesale
prices have also been raised to $9.49 for most new releases (from $9.09) and hot new releases to $10.35 (from $10.10). Wholesale
prices for catalog albums are expected to be reduced soon. No other major music companies cut their prices in response to
Universal's actions last year.
Universal Raises Retail Price of CDs to $13.98
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