Wired has an interesting article up about a new record company called Magnatune. Touted as open source or shareware music, they are basing their business model on letting listeners download the music in MP3 or WAV CD format and giving them freedom with it. All the songs are availalbe in streaming internet radio feeds and can be downloaded mixed and swapped as much as you want. If you decide that you want to buy a song after listening to it you can choose how much you want to pay starting from $5 (USD). Half the proceeds from the sale go directly to the artists. The music is licensed under the "some rights reserved" Creative Commons license. The artists also retain all the rights to their music.
This is a really cool idea and it will be interesting to see if they survive. I think I'll have a listen to the music on there to see if there's anything I'm interested in. As their slogan says, they "are not evil".
If you can get the music for free and then purchase each one for the high price of $5US, isn't that basically giving it away and accepting donations?
As far as I can tell, that seems to be what they are doing.
Hi! Suggestion: listen to "Heavy Horses", from Jethro Tull... I think you'll like it! Good Bye!
$5 is not a high price.
I believe its $5+ per CD (and you choose the price). "Donations" is a bad way to put it - after all, you are also actually purchasing something (higher quality MP3's, or FLAC versions, etc).
I hope Magnatune keeps up the good work :)
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