Radiohead Make 10 Million From 'In Rainbows'?


	Radiohead Make 10 Million From 'In Rainbows'?

jtsmt

10-18-2007 4:47 PM

524 views

tags:

music, radiohead, in rainbows, itunes

jtsmt says:

I am loving this idea of a free-market for musicians. Radiohead took a chance in letting fans pay whatever they saw fit for a download of their lastest album and they made bank doing it. Not to mention the fact that the fans get the gratification of knowing any money they spent goes directly to Radiohead. I think they've set the new standard for how music and musicians market themselves.

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10-18-2007 9:58 PM

raven714

I think this is great, and maybe tickets for concerts will go back to $7.50 a show, wishful thinking . lol
Anyway I think it is great.

10-18-2007 10:50 PM

jtsmt

That would be awesome, but I'm not holding my breath for an inexpensive concert anytime soon...

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/ac452d94-4b64-4714-be9f-496bcfbbbe19/0199C7BC-8F53-4A21-B73E-329B05B2CAA6/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.ultimate-guitar.com/news/general_music_news/radiohead_make_10_million_from_in_rainbows.html" href="http://www.ultimate-guitar.com/news/general_music_news/radiohead_make_10_million_from_in_rainbows.html" style="font-size: 11px;">www.ultimate-guitar.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.ultimate-guitar.com/news/general_music_news/radiohead_make_10_million_from_in_rainbows.html"><div align="center"><img src="http://content8.clipmarks.com/blog_cache/www.ultimate-guitar.com/img/BE8DB28B-D7FF-4EE2-B8AB-704D6ADFB662" alt="Radiohead Make 10 Million From 'In Rainbows'?" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.ultimate-guitar.com/news/general_music_news/radiohead_make_10_million_from_in_rainbows.html"><P>	In spite of <B>Radiohead</B> letting fans pay whatever they like for a CD <A class="iAs" classname="iAs" href="#" target="_blank" itxtdid="3203612">download</A> of their latest release '<B>In Rainbows</B>', the Oxford-based band has made quite a mint off the album. While fans only paid about half of what new CDs cost in stores, <A class="iAs" classname="iAs" href="#" target="_blank" itxtdid="2952058">Radiohead</A> has made nearly $10 million dollars (about £4.8 million) in less than a week.		</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.ultimate-guitar.com/news/general_music_news/radiohead_make_10_million_from_in_rainbows.html">
		If what is happening is for real, a revolution in the way audiences receive their <A class="iAs" classname="iAs" href="#" target="_blank" itxtdid="4331080">music</A> may change the music industry forever. A poll made my <A class="midl" target="_blank" href="http://www.gigwise.com/news">Gigwise.com</A> had a total of 3,000 participants saying on average they paid £4 for the <A class="iAs" classname="iAs" href="#" target="_blank" itxtdid="3647079">album</A>. Multiply that by the 1.2 million copies of the album now on fans' computers, and you get £4.8 million pounds!</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.ultimate-guitar.com/news/general_music_news/radiohead_make_10_million_from_in_rainbows.html">	Because Radiohead is no longer affiliated with a record label, the vast majority of the '<B>In Rainbows</B>' profit will go to them, with minimal overheads. Compare this to selling it through an online store (<A class="iAs" classname="iAs" href="#" target="_blank" itxtdid="4572197">iTunes</A>, Snocap, etc), and they could only see as little as 25% of that profit.</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/0199C7BC-8F53-4A21-B73E-329B05B2CAA6/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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