Tuesday, October 23, 2007

Radiohead Continues Free Agent Tango

UK band Radiohead has been doing pretty well, from what outsiders can see, in its bid to sell an online version of its album under a "name your own price" scheme. In fact, I touched on this in my WriterBiz blog.

Now it seems, according to the New York Times, that the online wonder will come out in CD format, but without the help of a major label. The band will license the album, but not to "suitors like Warner Brothers Records, Columbia Records and, at one point, Starbucks, whose corporate label has signed artists including Paul McCartney."

This is potentially a turning point in the music industry. Many musicians have said how they hate the traditional system, because it really feeds on their work and doesn't directly provide a reasonable compensation for it. If music can go this way, why not television? Books? Magazines?

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