Many of you may know that the English rock band, Radiohead, recently released its latest album, In Rainbows. The album, which will not get an official standard CD release until early 2008, is available exclusively through the band’s website- an emerging trend in the music world.
But here’s the kicker-fans can download the CD from the web at (get this) whatever price they feel like paying! You can actually enter zero and get the album for free – although I’ve heard about people going back and paying $6 -10 to assuage their guilt.
According to reports that I’ve seen referenced (but not read myself), the album was downloaded illegally 500,000 times in the first week. Hmm, not surprising really. BUT, this is where it gets interesting – another site reported 1.2 million legal online downloads.
So why are people stealing stuff that is already FREE?
Perhaps its because people are more familiar with the site that they use to illegally download music from on a daily basis. I didn’t know there was a separate site for downloading the album myself. It’s the power of human desire – if someone wants it badly enough, they’ll find a way to get it free.
So, what’s in it for Radiohead?
• More money – all the revenues, not $1 an album.
• Buzz!- much more than they’ve had in recent years
• Using a new channel to distribute
• Innovative trailblazers- you’d think the record labels would get the idea – iTunes, now this!
-Duncan Alney
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