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Universal Slashing Wholesale CD Prices by 30% (1 Viewer)

Ron Reda

Senior HTF Member
Joined
Jul 27, 2001
Messages
2,276
Lee,

Ha, ha...I read that article in USA Today on Thursday while on vacation in Charleston, SC and you were the first person I thought of! Talk/type to ya soon...

Ron
 

Paul.S

Senior HTF Member
Joined
Mar 29, 2000
Messages
3,909
Location
Hollywood, California
Real Name
Paul
Lee et al.:

You said in your post #10:

Is [the CD price reduction] related to GE buying Universal, by the way?
No, not at all. Thanks to some contractual maneuvering that only Barry Diller and his lawyers probably understand, Universal Music Group is not part of Vivendi Universal Entertainment. VUE includes the theme parks, the television assets and the movie studio, but not UMG. GE's NBC is acquiring only VUE. UMG is still owned by the Frenchies.

-p
 

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