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Radiohead: Pay What You Want For New Album

Radiohead has sent shockwaves through the music industry by announcing that fans will be able to buy its new album for whatever they want -- 1 cent, $10, or $100.

Radiohead can do this because after releasing all six of their previous albums with Capitol Records, they don't currently have a record contract. The band says the album will be available as a DRM-free MP3 download.

It was also announced that there will be no advance copies for press or anyone else before the rease date, which eliminates any advance leaks.

It will be interesting to see how this works out for the band. Radiohead has built a loyal fanbase through the years and are one of the few bands with the luxury of taking such a risk, largely banking on their fans.

The new album titled 'In Rainbows' will be released for download on their official website (radiohead.com) on October 10, 2007.

October 3, 2007 |

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