Radiohead's new business model:


Radiohead is offering downloads of their new album "In Rainbows" on their website. You name the price (including $0)
http://news.blogs.nytimes.com/2007/10/02/an-album-that-costs-what-you-want-it-to/
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nsgarch
Radiohead is one of the few bands that can get away with this from a business standpoint. U2 and Pearl Jam could probably also. They are all extremely successful with a strong fan base, and none need the dough should the plan fail.

Most bands require the production, marketing and distribution support of a record company.

IMO.
I just heard about it 10 minutes ago. I think it will be interesting to see what happens in light of all the rights fiascos.

Arthur
It should work, particularly if they tie it in with a world tour. Big name artist like Radiohead, Rolling Stones, Prince, etc. can easily gross $100,000,000+. The album sales are just the teaser.

At a very different level in sales, although not artistry, I know that Jane Siberry has been doing the same for a few years. Touring and merchandising is where the money is for working artists.