Submission + - HMV Canada Cut's music CD prices because of piracy 1
umStefa writes: For the last few years the music industry has claimed that reduced CD sales are the result of piracy, while slashdotters have constantly defended piracy on the grounds that main stream music was overpriced. Well know the largest music retailer in Canada has gone and cut their prices on CD's to try and increase sales (CBC article).
If successful could this spur music stores in other countries to reduce their prices? and could it have an effect on piracy rates? or is this simply a move destined to fail (by not increasing CD sales), thereby giving the music industry ammunition to get governments to pass legislation that will support their outdated business model. Only time will tell.