Just wondering if this business model will spread. The rock band, "Radiohead" is selling its latest album from its website asking buyers to pay whatever they want for an MP3 download. Really. Heres a couple of quotes from the New York Times article of December 9, 2007:
“‘Why don’t you pay us what you think it’s worth?’”
"Those are the exact terms on which the band is selling the down-loadable version of “In Rainbows”: Buyers can pay zero or whatever they please up to £99.99 (about $212) for the album in MP3 form. Sixteen years and seven albums into the career that has made Radiohead the most widely pondered band in rock, it is taking chances with its commerce as well as its art. For the beleaguered recording business Radiohead has put in motion the most audacious experiment in years". Apparently they got the idea from London's street musicians, or "Buskers" who perform with a hat on the walk in front of them and accept whatever contributions passersby are willing to toss into the hat... nothing. a lot, or something in between. Just what the digital download business needed. Another business model to worry them.
Here's a link to the article, courtesy of the New York Times: "Pay What You Want For This Article".