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Tuesday, October 2, 2007

“Cheers to Radiohead for taking a leap from a dying business model and trusting their fans to catch them.”

posted by on October 2 at 13:31 PM

The LA Times has an editorial today about Radiohead’s decision to let fans pay what they want for their next album.

The results of this experiment will be hard to judge unless the band reveals how many albums it sells and what people paid. It should share that information because it could be vital to the health of the music industry. There’s a wide gap between the demand for music and the public’s willingness to pay for it, yet the most popular legal outlet for music online—Apple’s iTunes store—gives artists and labels little pricing flexibility.

The whole thing’s here. (Hat tip, Arts Journal.)

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i found it interesting that the article assumed radiohead would make less money going with this route. i was thinking exactly the opposite.

Posted by rob | October 2, 2007 2:55 PM

now if Band Of Horses would do this instead of charging $28.00 for a concert ticket and $19.88 for their new release I would be more apt to support them!

Posted by Belltown RichE | October 2, 2007 10:00 PM

bet you're gonna pay more than $47.88 for your next Radiohead concert ticket RichE

Posted by cows | October 2, 2007 10:40 PM

No shit. I don't mind paying $50+ for my next Radiohead tickets, and I'll definitely be paying $50+ for my next Radiohead tickets. This rules a lot, though. Way to go, Radiohead!

And I am *NO FAN* of Wal Mart, but fuck a hot plate of hating on broke ass bands who license their songs to corporations. If Wal Mart recognized Everything All the Time was a brilliant song before AT&T did, Wal Mart wins this round. Next.

Posted by scooby | October 2, 2007 10:57 PM

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