RCA Victor, biggest of all U.S. record manufacturers, took a bold step, chopped from 40% to 23% off its highest-priced LPs and EPs (mostly classical music). All Victor twelve-inch LPs (except original ...
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After three weeks of confusion, brought on when RCA Victor chopped its LP prices by about a third (TIME, Jan. 10), the record industry has settled into a recognizable pattern. Six important labels ...