The Barenaked Ladies have decided to send a message to the music industry by distributing their new album’s songs through Amie Street. Amie Street has a potentially lucrative business and distribution model that may be the tipping point for the downfall of DRM and could revolutionize the way in which we download music.
Amie Street offers music in DRM-free MP3 format, which initially is available for free download, and rises in price the more downloads they receive until it hits the $0.98 price cap. As if that isn’t enough, they give 70% of the revenue generated goes directly back to the artist or label that posted the music on the site. Amie Street gets everything right by offering DRM-free MP3 music that’s cheaper than any other legal music outlet, and most importantly allows the bands themselves to profit most from their own creations.
Amie Street also allows for musicians to get a better understanding of what their fans like by being able to follow the market determined prices of their music and see the recommendations and comments fans leave on the site, rather than just following music sales.
The Barenaked Ladies throwing their weight behind the revolutionary business and distribution model of Amie Street could be just what is needed to push the concept into mainstream culture.
(via TechCrunch)
Originally posted on March 6, 2007 @ 7:54 pm