As the New York Times reports, Radiohead is navigating some creative deals – including one that will let an indie label license the album for a period of time. Radiohead would retain ownership.
What I find amazing is that the site isn’t that easy to use. No matter, they have a fan base and they’ve shown this model can work. Talk about a revolution…the experiment is working. Others like Madonna and Nine Inch Nails to follow.
UPDATE—CNET reports that Radiohead says the average price set by consumers is £8, or $16 (not $8 as Mashable reported). However, the actual price paid, again as reported by CNET, looks to be £2.50 for the CD (about $5)—less than Radiohead would have earned per CD sold through their record company (£3 or $6).