Postage stamp rises in US threaten small labels

Tom Pakinkis

The price of a first-class stamp in the US has risen by a penny to 46 cents – but much more significant costs for overseas shipping could hurt independent record labels.

Speaking to Nantucket public radio network WCAI Dischord Records’ Brian Lowit said that, while postage rate increases were common, he’d “never seen one this drastic.”

While the postage hike might not be too significant domestically, Dischord – which sells CD albums for around $10 and vinyl LPS for $11 ...

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