Fat Wreck Chords cuts CD prices to under $10 in the US

Fat Wreck Chords today announced plans to reduce the price of all their CDs to under $10 throughout the United States. Label bossman and NOFX singer Fat Mike explained:

This is not a sale. This is how much this CD costs, and not only that, but EVERY CD on Fat Wreck Chords will now be under $10 and most will be under $8. No, we are not crazy. We just think that having a very low CD price is a fair way for scene supporting music fans to support their favorite independent bands and labels. Sound crazy? I think it sounds reasonable. We make less profit, but bands hopefully will sell more CDs to more people, which is why we started doing this in the first place.

Among those albums are the newly released Coaster from NOFX which is streaming on their Punknews.org Profile.