CD prices fell in Q1 of 2004

Written by Jari Ketola @ 03 Jun 2004 16:05

The prices of full-length CDs fell to $13.29 in the first quarter of 2004 according to a study. That's a decline of 4 percent from Q1 2003.
The survey, released by the NPD Group, also says that the average CD price at top 50 nationwide sellers was $13.36 -- down 3.1 percent from 2003.

NPD President Russ Crupnick stated that both the file-sharing boom and growing competition for entertainment dollars are behind the decline. Both the DVD and video game markets are growing at double digit rates.

Source: News.com

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