A pretty big move for such a big-league artist: Radiohead is releasing their next album "In Rainbows" without a record label. That's right. They're releasing it themselves!
On October 10th (that's tomorrow at the time of writing this), their album will be available for purchase as either a discbox, or as a download.

A huge occasion for the recording industry, as this experiment will hopefully prove once and for all that the big bad record labels may not actually still be necessary this day and age.
Even more important is the price, which users decide when they purchase the album. No joke, there's a blank box that lets you choose how much you'll be paying for the download (the discbox will have a set price). Another daring move that will hopefully make more of a point than bite them in the ass.
That point being: If I can pay just a little and know that 100% of the money goes to the artist, why would anybody want to pay $20 for a cd that doesn't give much more than a dollar to the artist?

| ...several record executives admitted that [...] they were stunned. "This feels like yet another death knell," emailed an A&R executive at a major European label. "If the best band in the world doesn't want a part of us, I'm not sure what's left for this business." -Josh Tyrangiel - TIME |  |
Stumble this article.
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SpIkE @ 10/09/07 "Not sure if you know this, but Trent Reznor just made the same move, cutting ties with universal and becoming a free agent. I'd love to see more artists do this, changing the face of how we buy music and where the money goes." |
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SpIkE @ 10/09/07 "I'd be more than willing to put some money into buying a cd if I knew it went to the artist instead of in the pockets of record execs." |
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ThatSam @ 10/09/07 "holy smokes batman! its radiohead....man." |
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