38% of people pay for Radiohead album

November 5, 2007 by Jared Madden 

English band Radiohead challenged the deeply rooted traditions of the music industry last month when they released their latest album online allowing their fans to determine how much they wanted to pay for the album.

More than one third of consumers that have downloaded the album have paid for it, even though they could download it for free.

People offered to bay the averagel price of £3.85 for the allbum. Initial estimates (and these are only estimates as radiohead has not released any official stats) put income in the range of 10 million pounds within the first month.

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