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Radiohead lets fans set price for new album

Radiohead In Rainbows
Radiohead's new album will be available in stores as an $80 box set. Or you can download a digital copy for whatever price you think is fair. In other words, the band isn't quite giving away their album, but they might be coming pretty close.

While companies like Amazon are rushing to offer users more control over their music and what devices they can play it on, it's interesting to see a successful band like Radiohead advocate more consumer input in the price of music. CD prices have skyrocketed in recent years, and we've come to think that $.89 is a low price for a single song download. But given their druthers, what would music fans really pay for a song they really want to listen to?

Radiohead's new album, titled In Rainbows will officially launch on October 10th. If you pay the $80 for a box set, you get the album on vinyl and CD. You'll be able to download the tracks for free. There's no word on what format the downloadable version will take, or if the songs will contain DRM.

[via Boing Boing and Silicon Alley Insider]

Tags: drm, in-rainbows, mp3, music, online-music, radiohead