$9.99 CDs the Way of the Future?

We could be so lucky:

Prices of music CDs sold in stores and other retail outlets should continue to decline as the popularity of legal online music downloading services grows, the chief executive officer of leading U.S. consumer electronics chain Best Buy Co Inc. (BBY) said on Wednesday. With a full download for a new album on the new Internet music services costing $9.99 or $9.95, Brad Anderson said he anticipates the same price level to eventually become the norm for CDs sold at retail. (full story)

[via paidcontent.org]

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