Most Fans Paid NOTHING for Radiohead Album (UPDATE) (GALLERY)

Since Radiohead’s online release of In Rainbows, with its pay-what-you-will business model, there’s really been no word about how well that worked out for the band. Now research is showing that 62% of the fans who downloaded the album from the site from October 1 to 29 paid absolutely nothing for it. The remaining 38% paid an average of $6.

comScore Inc., a consumer research firm that monitors computer users’ online behavior, put together the figures from several hundred people who are part of comScore’s database of two million computer users worldwide.

1.2 million people visited the site designed to handle orders for the digital download of the album, the 7th release of Radiohead’s 11-year career. comScore couldn’t confirm how many of those fans actually purchased the album, but American fans seem to be lovin’ Radiohead a bit more than people outside the US. 40% of US residents paid an average of about eight dollars for the album, while outside the US, 36% dished out an average of $4.64 for it.

Radiohead are still fielding offers for US distribution of the album, but have already signed a deal for European distribution under XL.

‘Pay What You Want’ Pays Off (UPDATE) - Radiohead Nets 9.6 MM

UPDATE - We have our first financial updates about Radiohead’s Digital Honesty Box, a concept where fans ‘pay what they want’ for the band’s latest album (In Ranbows). Apparantley, the band has collected roughly $9.6 million for 1.2 million albums so far.  That’s roughly $8 per album, much higher t… [More]