Universal and Sony plan cut prices for digital music downloads

“Universal Music Group and Sony Music Entertainment plan to cut prices for digital music downloads and add new features, including CD burning and the ability to transfer songs to portable devices. The moves are aimed at reaching out to consumers who have continued to flock to free file-swapping services while turning a cold shoulder to paid music subscription services launched by the major record labels in recent months. Single downloads have been sold for years online, but high prices and built-in anti-copying technology have ensured lackluster sales to date…”

But will it be enough to succeed? Click here to read the full ZDNet News story.






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