[BC] Virgin Megastores to close

[JIM GRAHAM]

So, the record companies continue to have reason to get revenue from other sources such as huge performance fees from broadcast stations and Internet streamers!
 
Come on guys!  Reduce your individual song price.  Make your product/price more competitive (affordable).   It's kinda like cutting taxes makes the economy grow.

Jim Graham

jgprods at bellsouth.net

--- On Wed, 3/4/09, Reader <reader at oldradio.com> wrote:

From: Reader <reader at oldradio.com>

>From Yahoo....

LOS ANGELES - After nearly two decades of rocking the music world with a mix of
brash stunts and splashy CD releases, the remaining six Virgin Megastores in the
United States will shut their doors this summer in another blow to recorded
music.

The hipster shops received their branding from billionaire founder Sir Richard
Branson and remained profitable, but the real estate firms that own the U.S.
chain determined they could command higher rent from new tenants.

http://tech.yahoo.com/news/ap/20090303/ap_on_hi_te/virgin_megastores