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CD-Wow to pay £41m to British record companies

Posted by Martin in Music and Video, The Web  TAGS in Music and Video, The Web

30

May

CD-Wow is a online CD, DVD and games shop that operates from Hong Kong. They ship free of charge worldwide and offer some of the lowest prices in the business. They achieve this by (legally) buying the media in countries like Hong Kong and selling them to Europeans and Americans who are happy to pay a lower price for the media while still being able to enjoy the English version of a CD, DVD or game.

CD-Wow for instance was the third largest online CD retailer in Great Britain in 2005 after Amazon and Play. The companies that produce the media sure love globalisation when it means that they can produce their goods in a country like China for a fraction of the costs that it would cost them in a European country or in America.


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