Thursday, 24th January 2008
A lot of people download music illegally. It’s a big problem for the music industry. Than, the music industry remark a decline in the profits made on sales of concert tickets.
So, we decide to invite our fans to pay as much as they like for a digital download of our new album. 62 % of downloaders choose to pay nothing and only 38 % pay to do that. There are less downloading in USA than in the rest of the world.
We think that this experiment is a success because it’s a beginning of a new area for the struggling music industry. Than, our “honesty box” is closely watched by other artists, record labels and management companies. That’s why we decide to sell our next album with the same business model.
member of Radiohead