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Streaming Media
Memorex to Increase Recordable CD Media Pricing
Posted Oct 28, 2003 Print Version     Page 1of 1
  

Due to supply shortages, rising costs from overseas disc manufacturers and the stringent enforcement of patent royalties, Memorex is forced to increase CD-R and CD-RW media prices 10 to 15 percent beginning January 2004. The incremental increase in product pricing is intended to enable Memorex to continue to deliver the industry's leading blank CD media and still cooperate with its retail partners to actively market the products to consumers.

Manufacturing costs have increased 35 percent this year due to patent royalty fees, rising production costs for petroleum-based plastics used to make optical media, as well as transportation costs to deliver products to warehouse and retail facilities. Until now, Memorex has absorbed all of these increases instead of passing them on to customers.

 www.memorex.com 

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