Sony group backs demand-based music pricing
09/10/2009 06:04
Music from a major label could come as cheaply as 15 cents per track through a partnership with the Web site Amie Street.
Sony RED, a division of the music giant that distributes and markets independent music, is the first major label group to sign on with Amie Street, Wired reports. The Web site uses a variable pricing model based entirely on demand, with songs that are free or cheap initially and scale up to 99 cents when they become popular. Artists using RED include My Morning Jacket and Third Eye Blind.