<![CDATA[Gawker: valleywag, radiohead]]> http://tags.gawker.com/assets/base/img/thumbs140x140/gawker.com.png <![CDATA[Gawker: valleywag, radiohead]]> http://gawker.com/tag/valleywag/radiohead http://gawker.com/tag/valleywag/radiohead <![CDATA[Google-Radiohead partnership: better than Google-Yahoo]]> Radiohead created a music video for the song "House of Cards" without using cameras. Instead, the band used technologies called "Geometric Informatics" and "Velodyne LIDAR" to scan their heads with lasers while singing the song. In keeping with the video's futuristic, technology-of-tomorrow creation, the band today released the video not over MTV, but through Google. The result is embedded below.

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<![CDATA[Downsizing EMI spends $50 million a year to destroy unsold CDs]]> Photo by wwhyte1968Record label EMI will lay off 2,000 and shift its focus toward digital music, private equity investor and company topper Guy Hands told the Financial Times. Hands said the music industry operates on fallacies with origins in "the phenomenon of the 1990s and the CD" and as a result, companies like EMI are hemorrhaging cash. EMI, for instance, spends $50 million a year destroying unsold CDs. Guess whose model Hands said the industry should follow to turn itself around?

Hands said to look to Radiohead, a band which spurned EMI when it allowed fans to download a low-fidelity copy of a new record and pay whatever price they chose. (Photo by wwhyte1968)

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<![CDATA[Radiohead on ComScore numbers: Bollocks!]]> ComScore, the online traffic tracker, told us that 62 percent of the 1.2 million fans who downloaded Radiohead's latest album "In Rainbows" weren't willing to pay for it. Now the band's management wants to kibosh those reports.

In response to purely speculative figures announced in the press regarding the number of downloads and the price paid for the album, the group's representatives would like to remind people that ... it is impossible for outside organizations to have accurate figures on sales.

However, they can confirm that the figures quoted by the company ComScore Inc are wholly inaccurate and in no way reflect definitive market intelligence or, indeed, the true success of the project.

From here, the statement looks like an easy nondenial. Most advertisers consider ComScore metrics accurate enough to be useful. And if Radiohead really wanted to indicate the "true success of the project," why not just publish the numbers themselves?]]>
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<![CDATA[Radiohead update: Brits morally superior by 8 percent]]> Mathematical types might object, but to me the evidence is clear. British music fans are 8 percent better than Americans and 10 percent better than the rest of the world.

According to ComScore 1.2 million people worldwide downloaded Radiohead's pay-what-you-like album, "In Rainbows." As we reported Tuesday, only 38 percent of those downloading the album chose to pay anything at all. In the U.S., only 40 percent paid even a cent, or a pence, or whatever.

But in a new report, ComScore reveals that in the U.K., a full 48 percent of those downloading chose to pay for "In Rainbows."

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Now if you people would just start tipping, maybe you'd have something to talk about.

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<![CDATA[Radiohead verdict in: You people are cheap]]> Last we heard about Radiohead's experiment to let people pay what they want for its latest album, "In Rainbows," we were ready to bury record labels. We heard the average price paid for "In Rainbows" fell between $5 and $8 and that a low estimate of Radiohead's take in two days was $6 million. But now ComScore's come out with official numbers, and, um, whoops.

Turns out the average price paid — other than zero — was actually around $8, $8.05 to be exact. But though 1.2 million people visited the "In Rainbows" site during the first 29 days of October, only 38 percent of those who downloaded the album volunteered to pay for it.

Here, you'll see that 62 percent of the world's downloaders freeloaded, too. Most of the rest only paid $4.

Radioheadchart.jpg

The only good news from an American's perspective? We're slightly less cheap than the rest of the world. So enough of all that whining about an American hegemony, OK?

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<![CDATA[Radiohead estimates doom record labels]]> Two weeks after Radiohead asked fans to pay only what they like before downloading their new album "In Rainbows," financial numbers are beginning to surface. So are the bloated carcasses of record labels. Why? Because though Radiohead will release the album on CD and with a label early next year, the band has—by all accounts—already cleaned up without having to share a pound.

According to one source close to the band, reports The Seminal, fans downloaded 1.2 million copies of "In Rainbows" through October 12, two days after its release. But you already knew Radiohead had a large fan base.

What nobody knew was whether fans would pay for a Radiohead album if they didn't have to. Certainly, the record labels had to be hoping they wouldn't. Too bad for the fat cats, because reports are that the average price paid for "In Rainbows" fell between $5 and $8. A low estimate of Radiohead's take in two days is $6 million. Sounds like bands with a following now have permission to skip labels.

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<![CDATA[Madonna dumps record companies, signs with concert promoter]]> More and more artists are striking innovative deals to sell their music — and leaving the traditional record industry contract behind. The Wall Street Journal reports that once Madonna's contract with Warner Music is up, she will link up with concert-promoter Live Nation. While not as revolutionary as Radiohead's pay-what-you-want plan, or Prince's free-music-with-newspaper deal, Live Nation is a concert production company, not a record label. Madonna's deal will bring album production and distribution, concerts, merchandise and publicity under one company.

In an attempt to counter Live Nation's concert/album/merchandise bid, Warner got Barry Diller's IAC/InterActiveCorp involved. IAC owns Ticketmaster, whose ticketing deal with Live Nation expired in August. Even so, the money was too much for Madonna to refuse. Under the new deal, Madonna will collect $120 million over 10 years plus 90 percent of tour revenue.

Madonna's albums will still be distributed through normal retail channels. Live Nation doesn't have a distribution arm, so it will contract, instead, with another label. Also unusual for the industry is a term under which ownership of the three albums to be recorded will revert to Madonna after a certain period of time.

Other big groups will be watching Madonna, Nine Inch Nails and Radiohead to see how their ventures work out. The fact that players like Live Nation are getting in the business tells us that middlemen will continue to play a role in connecting musicians with listeners. It just won't be the same middlemen as before.

(AP Photo/Matt Dunham)

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<![CDATA[Radiohead's experiment in distributing In...]]> Radiohead's experiment in distributing In Rainbows, allowing consumers to download the album for free, highlights a growing problem in the music business: Kids these days, thanks to BitTorrent, don't think they should pay for music. As more independent acts follow Radiohead's lead, opting to make their cash touring, the record industry will struggle to find a new business model. Surprisingly, suing its customers actually seems to be working out . [Telegraph]

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<![CDATA[Radiohead spits in the face of both Apple and Amazon.com]]> All the record-label kevetching that the Internet is killing their livelihood may actually be true. But it's not college kids sharing files in broadband-equipped dorms that they need to worry about. Radiohead is releasing its new album sans label. Novel, but the interesting bit is that the band is giving a choice to consumers: Pay $82 for a super-fancy, boxed edition of In Rainbows, or download the album — for whatever you think it's worth. This follows a similar campaign by Trent Reznor of Nine Inch Nails who says once his band's label obligations are completed, it will release digital albums for about $4. Of course it's not just the music industry that should be concerned.


Amazon.com touted the fact that it had secured Radiohead for its new MP3 store, after the band had long refused to sell on Apple's iTunes. But how valuable will this relationship be if fans can essentially obtain Radiohead's music for free, with the band's blessing?

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