Submission + - EMI only selling CDs to Mega-Chains from now on
farrellj writes: "Record company EMI has been notifying all of the non-Mega-Chain music stores that it wholesales to that they will no longer be able to buy EMI CDs from EMI, and will have to buy product from Mega-Chains like Walmart according to reports at Zero Paid among others. This means that if you wanted to a CD from an EMI artist you will have to go to Walmart or HMV...or if you non-Mega-Chain store has it, it will be because *they* bought it at Walmart, and paid retail prices...so it will cost that much more to buy at your local store.
Independent Record store customers are some of the most loyal music buyers around. You are not going to find the back catalog, what used to be the staple of the music business, at your local Walmart, but you probably will at your local Independent Record store. EMI's move will now mean that unless the music you want is new, or a classic album, and on the EMI label, you won't be able to find it anywhere. That will give a lot of people the justification to hit the P2P networks for EMI music that they can't get any more through legal channels. As well, it will discourage new artists from signing with EMI, since they will not get the full distribution they want.
One wonders when the Music Business is going to run out of feet to shoot?"