
By cutting off the middleman (i.e. record labels) the band can charge as low as they want for an album and get all of it instead of receiving a few dollars per CD sold. This could theoretically amount to more. Besides, they'd make a killing on tour anyway.
Of course you could argue that Radiohead is a big enough band to do this, but the rise of indie acts like Clap Your Hands Say Yeah and Lily Allen -- via social networking sites -- is showing us the power of the internet to hype talent.
2 comments:
i love radiohead. and i heard oasis are planning to follow suit. those record labels will soon be screwed.
You pay $10 for a CD and less than $1 goes to the artist. A big chunk of the other $9 go to marketing and promotion. Which is meant to influence what I like.
I'd rather pay $2-5 directly to the artist, have them focus on writing and producing good songs, and leave the promotion to third-parties like blogs and publications.
Cheaper and better for everyone except the record-company owners. Large record companies were useful from the 60s to the 80s, but with the advent of digital media they should become more irrelevant.
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