Wednesday, October 28, 2009

Online music pricing

As almost always, an interesting story in the Economics Focus section of the latest Economist magazine (hopefully not behind their firewall). For some reason this is one of my favorite sections of the magazine and this story on online music pricing shows why. I am shocked with the idea that people would pay well over $2 per online song, but the idea of different pricing models is definitely a good one. Offering 100 downloads for $25.00 could interest me in a way that current iTunes pricing never will.

But then, I'm the guy who got tapes of his friends' albums when I was young, so I'm probably too far down the curve to be of huge interest to music sellers.

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