This month will be remembered as an historic turning point for music. Big name bands have finally started to ditch the record labels and go it alone. Radiohead have whipped up a media storm by releasing their album at a price decided by the buyer. Yup that's right, you get to pick the price you want to pay, even if that is £0.00!
Buy it here
Musicians make a very relatively small pecentage of their earnings from CD sales, (which incase you hadn't noticed are in freefall). By releasing tracks for free the band broaden their fan base and generate more cash from ticket sales and merchandise. The band win, the fans win. The only losers are major record labels. At last, those in the industry who refused to allow their outdated business model to be prized from their cold dead fingers, have had the lid of their self made coffins firmly slammed shut. Sorry, got a bit carried away with it all there.
The Charlatans have also decided to release free songs on the xfm website. More details on this story can be found here.
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