RIAA Executives commit mass suicide

[thecoalman]

This just in....

Estimates: Radiohead Made $6-$10 Million on Initial Album Sales

Thom Yorke's representative told me that the band have "decided not to give out any figures" for sales of Radiohead's In Rainbows album, but that isn't stopping people from making their best guesses based on what little information is available.

The Seminal estimates that Radiohead sold about $10 million-worth of albums as of 10/12, assuming that their source was correct that approximately 1.2 million people downloaded the album from the site, and that the average price paid per album was $8 (we heard that number too, but also heard that a later, more accurate average was $5, which would result in $6 million revenue instead).

http://blog.wired.com/music/2007/10/estimates-radio.html

[Noahtuck]

Good!!!!!!! Glad the theives don't get any!!!!

I remember reading that they were going to do it and said you could pay what you thought was fair or what it was worth, glad to see they did good by doing it themselves!!!!!!!

[thecoalman]

I read few articles on this and one stated the average artist gets 50 cents per album, considering it costs pennies per album to distribute... well they made a killing.