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Pioneer cuts DVD prices

Pioneer Electronics has cut prices on recordable and rewritable DVDs by 20 percent. The audio equipment giant is now selling a DVD-R for $9.95 and a DVD-RW for $19.95. Both types of discs store up to 4.7GB of data. A company representative said the price cut is partly related to increased sales of the discs.

Pioneer Electronics has cut prices on recordable and rewritable DVDs by 20 percent. The audio equipment giant is now selling a DVD-R for $9.95 and a DVD-RW for $19.95. Both types of discs store up to 4.7GB of data. A company representative said the price cut is partly related to increased sales of the discs.