USA Today profiles a newish music label/site, Magnatunes, which allows users to determine the music pricing…To download an album so you can play the songs any time or burn them to a CD, you have to buy it. When you click to buy, you see a “suggested” price of maybe $8, but you can choose to pay as little as $5, or as much as you want. Here’s what’s fascinating: “Everyone assumes we’re just getting $5,” Buckman says. “The average is $8.93.”
Magnatune pays artists half its revenue from selling music.
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