Radiohead slaps the record industry’s face
Radiohead announced yesterday the details for their new album, In Rainbows. For now, it’s only being sold through their website, and for the digital download version, they’re letting listeners pick their own price for the album – it’s literally a donation-based product, with the only help provided by the website are are the words “It’s up to you.” Link
This is huge news, the industry’s worst nightmare coming true. I completely agree with many that are saying that this is a major turn in the world of music, and it’s such a slap in the record industry’s face. I mean, here we have an unsigned superband playing by a different rulebook: treating loyal fans and customers like loyal fans and customers instead of thieves. The superstar band doesn’t seem to care if the music is free.
A European A&R executive anonymously told Time, “This feels like yet another death knell. If the best band in the world doesn’t want a part of us, I’m not sure what’s left for this business.” An anonymous Hip-Hop producer added, “Radiohead is the best band in the world; if you can pay whatever you want for music by the best band in the world, why would you pay $13 dollars or .99 cents for music by somebody less talented? Once you open that door and start giving music away legally, I’m not sure there’s any going back.”
[source]
It would be very interesting to see how this action will reverberate on the record industry in the next few months, and if such marketing ploys will catch on or not.
So far, I guess all I can say is that I love Radiohead, if not for their music, then for gorgeously designed website, and if not for that, then for their indie marketing.


