New Radiohead
Tuesday, October 16th, 2007 at 11:05 am
I just got the new Radiohead album. For those of you who don’t know, Radiohead is bypassing the label system this round and distributing the album exclusively from their website site…. and what’s more you get to decide how much you pay for it. With people paying between 0 (nothing) and over a thousand dollars, I believe the average so far is roughly $5. Sounds good for Radiohead considering even a generous royalty contract would give them slightly less per album after marketing and distribution costs.
So, like I said, I just got the new album. I was going to pay $4-5 for it myself but I haven’t been able to get the website to accept my order. They must be getting flooded right now. So, I’ll have to go buy later when it calms down a bit and pay for it. I definitely will, and I hope a lot of other big bands with enough clout to pull something like this off give it a try. It’s the beginnings of a 21st Century business model in the music industry, and it’s exciting to see the fans and artists both getting a better deal by exchanging directly with one another.
