Radiohead
What are your thoughts on this? I like the idea but don't see it working for up and coming bands. Radiohead has the fan base to pull it off. If your favorite band did it and the cd was good-what would you pay?
On Monday, Radiohead sent shock waves through the music biz with the announcement that its new album, "In Rainbows," will be released for download from radiohead.com next Wednesday. The price? Whatever you choose. You elect how much to pay, be it 1 cent, $15 or $100. After releasing all six of its previous albums with Capitol Records, Radiohead doesn't currently have a record contract. "In Rainbows" will be available as a DRM-free MP3 download.
Comments (9)
If anyone was gonna do this, it's not surprising that it turned out to be Radiohead. Makes me want to buy the album and pay a decent amount to say F U RIAA....unfortunately I don't think they'll make too much off of it.
I think this model would work great for artists, they make 100% of the money from the sales, which, when they are in a contract can be only a few cents per disc sold. Even if people pay 50 cents to download it, they still make money then they would have with a contract per disc sold. It's also a good way to gain exposure and fans, I'm personally not a radiohead fan, although I do like a few of their songs, but if I remember this I would definately throw a few bucks their way and download this to check it, but more so to support the business model. Who knows if I really like the album I'd definately consider going to see a live show next time they come around, which is where they make most of their money anyway.
Unfortunately, most bands aren't going to have the distribution channels to sell enough copies on their own.
no they wont, but if they can find a way to make it viral like these leave britney alone you-tube videos they could strike gold. Even linking from sites of larger bands that do it could really help. If it got big it wouldn't be long before there were sites out there that hosted links to bands doing this cataloged by genre, if this takes off it could mean huge advertising dollars for a central database type of thing. I would be much more inclined to give new music a chance if it didnt cost me $18 to check out a new band.
I need to call my lawyer.
well raray i oficcialy want to fight you ,bare fists in your face blood on my hand and you criying for momy , but we are older now and we suppose to be mature people ,well to some point but we are man and i still want to kick your asss but because i im in my third world country i cannot ,your so lucky..