Universal Music Group announced today that they will be cutting CD prices in an attempt to boost sluggish CD sales.
The New York Times reports:
"Music industry executives say companies like Universal typically offer stores about $1.20 in promotional subsidies for each CD sold to retailers for $12. Now Universal is keeping that $1.20, but lowering the wholesale price to $9 instead of $12."
Universal Music Group owns 30% of the CD Market, including Nothing Records. Therefore, you can expect the prices of all Nothing releases, along with any Universal Music Group release, to drop by a few dollars in near (or far) future.