Radiohead Nets 9.6 MM

 - Oct 13, 2007
References: thedailyswarm & psfk
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 than many critics had anticipated. In fact, there's also an anecdote that one LimeWire employee tried to pay $500, but the Digital Box site maxes out at £99.99 (roughly $200).

Could this conecpt take off? Potentially, although part of why this works is that the album is actually good and the novelty factor probably boosted overall pricing.