Sounds sort of like "magnatune"dot com...
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It should work, particularly if they tie it in with a world tour. Big name artist like Radiohead, Rolling Stones, Prince, etc. can easily gross $100,000,000+. The album sales are just the teaser.
At a very different level in sales, although not artistry, I know that Jane Siberry has been doing the same for a few years. Touring and merchandising is where the money is for working artists.
I think for what you get the $80 Is very reasonable. I of course speak out as one of their Biggest fans. They are an 'Indie' band and are not a 'rock' group as The Nu Yoik Times have said, nor are they In the same league as the Supergroup the Strolling Bones or Prince even? Is he still around? or Is he still TAFKAP?
Could this pc download malarky be the beginning of the end of the over the counter cd?
Brilliant move. What nobody mentions is that very little band revenue comes from their recorded output. The record labels are only a "bank" to the band--fronting the initial recording costs against future revenue. All studio production goes against their royalties in the traditional record model, which in Radiohead's EMI case, net revenue remaining is then deluded six ways by each band member.
Bands make the bulk of their revenue from live touring and merchandise, plus any endorsement revenue, song placement or songwriting royalties. Albums generally bring pennies to each artist, and with peer-to-peer networking, the days of sales exceeding 5 million units are gone.
This move is brilliant. They bypass any label and only have to cover production costs. They own their own studio and recording rig, so now it is a pure time play--whatever revenue gained must cover this and only this. No overhead--all the buzz comes from the novelty of the promotion which is generating huge publicity. The two dollars listed above would far exceed any royalty. Zero is just a lost leader for the tours to follow.
I really like the new album, it's really picking up where Kid-A left off...some of my favorites include...
House Of Cards (great bass reverb use here)
All I Need (VERY Kid-A'ish)
I really wish Radiohead would do more epic songs like Polyethylene which seem to make it onto EP's but are always omitted from LP's. Polyethylene is by far my favorite RadioHead tune and I can't think of a more 'epic' song.
@spiritualized--thus screwing all the fans that bought online, since the CD release will have material not available via the download and will be released through one of the big four. Everyone thought they were enlightened... Now the sad truth is that it was a publicity stunt designed to extract more money from their fans.
Now the sad truth is that it was a publicity stunt
Not if they paid 0$ for the download and now some might do this actually....
You are free to vote with your wallet. Vote 0$ if you feel that any amount is
overcharged for an mp3 file and then order the special edition version which
includes the LP to make the point for high quality releases. Just a matter of
your point of view and the statement you would like to make.
Why are some people bitter?
It's not as if they kept secret that they were releasing a CD version after; they made a press release back almost 2 weeks ago. Those who wanted to download it could the day it came out on Oct 10th, you could pay $1000000 you could pay $0. There were going to be two more releases, a special box set available in December which includes Vinyl, and 2 CD's; and a dedicated CD release early in 08'.
I paid $0 for the download as I knew I wouldn't enjoy an MP3 version of the album as much as a CD. I know many people who don't buy CD's and liked the idea of an MP3 download; they paid money.
They screwed nobody. You screwed yourself.