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Posted this in the entertainment thread, but
thought this deserved a thread of it's own
http://blog.wired.com/music/2007/10/...tes-radio.html
1.2 million downloads - $6 million profit
all in the first week of release
that's unheard of
equivalent "over the counter" sales figures would require 6 million CD's sold to pull in that profit for the artist (based on artist getting $1 per CD sale)
Heh the artists WISH they saw a full dollar for each CD sold :D.
I am really liking this approach. I hope it catches on.
I've always wondered about that...
As the age of CDs slowly drifts away, with so many sites out there selling mp3s (sooo many), how much of that money really goes to the artists of that music?
I don't see much information in that article as to exactly how they were selling it but it seems they were selling their new album from their official site? Or just one site in particular?
album available on their own site as a set of 160 kbps MP3's
many people torrented it though, as their site buckled under the strain of downloaders and became slow and unreliable
kind of makes the case for P2P over client/server downloads, but hey
It's odd that I was thinking about this just yesterday without having heard about this.
I was thinking how mp3s are overpowering CDs and with so utterly many mp3 selling sites, it would make most sense to sell the music in mp3 format off the official artists' sites.
And, p2p being a community concept, it doesn't work with selling.
I think now they can afford an array of servers to handle the load, heh.
And most of that goes to Radiohead? Cool.
All I Need is the best song on it.