09 Mar Rebirth of Music Retail?
Posted at 16:07h
in Uncategorized
UK retailer Tesco is asking record labels to accept much smaller upfront payments for CDs with an additional payout once it sells. The negotiation tests the bargaining power labels still have as CDs sales continue to decline. Similar talks have reportedly begun in the US, and the shift could motivate retailers to once again stock a much broader selection of music.