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CD Retail Prices to Fall

Starting next month, the cost of CDs may drop by $4. The world's largest music company, Universal Music Group, plans to cut its wholesale cost to retailers by 24 percent, and will suggest a CD retail price of $12.98. That's down from the current suggested price of $16.98 to $18.98. NPR's Melissa Block talks with music store owner Mike Dreese.

Copyright 2003 NPR

As special correspondent and guest host of NPR's news programs, Melissa Block brings her signature combination of warmth and incisive reporting. Her work over the decades has earned her journalism's highest honors, and has made her one of NPR's most familiar and beloved voices.