PricePrince Sues Artists Who Contributed to Cover Song AlbumAuthored by Mark Hefflinger on June 26, 2008 - 12:29pm.
Turner Slashes GameTap Subscription Price to $9.95, Adds New ContentAuthored by Mark Hefflinger on March 28, 2006 - 10:23am.
Atlanta - Turner Broadcasting announced on Wednesday that it has slashed the price of its GameTap broadband games and entertainment service from $15 to $9.95 per month, and also added new channels and shows. The service now offers more than 400 games, as well as a new component called GameTap TV that includes episodes of "Space Ghost Coast to Coast," and channels featuring music videos, animation, and game-themed original programming.
Survey: Americans Want New Technologies Like HDTV, but for Right PriceAuthored by Mark Hefflinger on March 31, 2005 - 7:24am.
Rochester, N.Y. -- About 27% of adults say that they are likely to buy a high-definition television set within the next year, the highest percentage among seven electronic devices tested in a new survey by Harris Interactive. And although next-generation DVD players have not yet been marketed in the U.S., 24% of American adults surveyed indicate interest in buying one within the next year. "While considerable proportions of American adults are attracted to these technologies, the survey also shows that their interest may be tempered by the reality of the affordability of those products," said Harris' Greg Durkin.
Report: Decline in Average Price for CDs is AcceleratingAuthored by Mark Hefflinger on June 3, 2004 - 3:20pm.
Port Washington, N.Y. -- A recent decline in the average price consumers pay for CD albums appears to be accelerating, reaching a new low of $13.29 in the first quarter of 2004, according to data from New York-based market research firm NPD Group. The price point dropped nearly 4% from the average CD price in the first quarter of 2003, while in the previous year the average price dropped only 2.5%. In 2002, the average price was $13.90. The report noted that titles 18-months old or older now cost on average $12.99, and also that prices at mass merchandisers like Wal-Mart and Target fell by 5% over the past year. "The recording industry has had to deal with a changing market over the past few years, which was fueled in part by file-sharing," said NPD Music president Russ Crupnick. "Everyone also recognizes the increasing competition for entertainment dollars, as DVDs and video games are growing at double digit rates. Record labels are diligently trying to respond to consumer feedback about high CD prices, and to the relative value of music."
Sony Cuts PlayStation 2 Price From $179 to $149Authored by Mark Hefflinger on May 11, 2004 - 2:20am.
Los Angeles -- Sony announced on Tuesday from the Electronic Entertainment Expo video game industry trade show in Los Angeles that it will slash the price of its market-leading PlayStation 2 video game console from $179 to $149. The move follows Microsoft's decision in March to lower the price of its rival Xbox console to $149. Sony said the new price will apply to its standalone PlayStation 2 and a formerly $199 bundle that also included its Network Adapter, which enables online gaming.
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