Radiohead fans pay £2.90 for digital
album
Alexandra Topping
November 7, 2007
In October 2007 Radiohead asked their fans
to pay as much - or as little - as they liked for a
digital
download of their new album,
In Rainbows.
So what were people willing to pay? The answer
is, around £2.90.
But only 38% of
people who downloaded the
album paid anything at all. Two thirds paid only
the 45p charge for handling.
The average amount that fans were willing to pay
was still only $6 (£2.90) –
far below the price of
a CD or the amount a digital album would cost to
download from the Apple iTunes store.
During the first 29 days of October, 1.2
million
people worldwide visited Radiohead’s
In
Rainbows website. A large number of these
visitors downloaded the album. The study
showed that 38%
paid to download the
album, but that the remaining 62% choose to
pay nothing. The percentage of people who
downloaded for free in the US (60%) is only very
slightly lower than in the rest of the world (64%).
The Radiohead ‘honesty box’ experiment is
being closely watched by other artists, their
record labels and management companies.
Even though sales of live concert tickets are
increasing, CD sales are decreasing. This is
because of increased competition and piracy.
Worldwide, people download 20
tracks illegally
for every digital download they pay for. So it
seems that Radiohead’s experiment
was successful.
© Guardian News & Media 2007
First
published in The Guardian, 07/11/07
For more background information,
please refer
to the onestopenglish weekly news lesson 57
from October 11th 2007, ‘Radiohead’s bid to
revive the music industry’ and
http://www.inrainbows.com/
•
Do'stlaringiz bilan baham: