That Ain't Workin'

[glyf]

I'm a big fan of Nine Inch Nails.  Not quite to the degree of buying every Halo, but I have a number of his albums.  So of course I've been intrigued by his latest offering.  Today, while looking at Nine Inch Nails "Ghosts I-IV' website, I noticed an interesting bit of information:
We have SOLD OUT of the 2500 Limited Edition Packages.

My great-

Comments

[lcrymlgy]

Not a new format, though (except for the losslessness of NIN's album). Fairly similar situation to what Radiohead did a couple months back with In Raimbows. It was a "listen to the album, and pay what you think it's worth afterwards" format, plus a us$300 or so special edition

[lcrymlgy]

raiNbows

To bring this into sharper relief

[corydodt]

First of all, it's not two days, it's one day. They sold out yesterday morning.

And for about half that time, the website wasn't working. I compute a flow rate of 1.5 million dollars per day, given an sufficient supply of Trent Reznor signatures. :-)

I've been saying for a long time that a dollar a song is way too much. Every time I've been asked what a fair price is (maybe twice), I've said: 25 cents. This is not based on the marginal cost of song production or what the market would bear or anything like that; it's just what I'm willing to pay for music made by a superstar, given the plenitude of free choices around.

Here Trent is offering 36 songs for $5 which is 13 cents per song.

I put my money where my mouth is and bought my copy.

[corydodt]

BTW, this was hilarious:

You just need a web server, and a swimming pool big enough to put a million dollars.

[murphyzlaw]

I read that Trent was considering doing the same thing that Radiohead did with the "pay what you want (even if it's nothing)", but when he did a test marketing thing with an rapper/poet he works with he was "disheartened" to find that most people took the free option.