Thursday September 14th 2006, 11:53 am
Filed under: entertainment
Amie Street, a Rhode Island-based company, is developing a marketplace for music where the price per song is determined by market demand. This makes so much sense! Why should songs cost 99 cents regardless of whether the band is new and unkown, or well established. Such a model would be a huge boon for emerging artists, because people may be more willing to pay 10 cents for an unknown artist vs. 99 cents, and as interest in the artist rises, so does the price people are willing to pay.
[thanks, Eric Olson]
September 14th, 2006 at 8:46 pm
You got it!
October 4th, 2006 at 6:40 pm
[…] That’s why I was excited when I heard, through my friends Eric and Matt, that a new service, Amie St, is “developing a marketplace for music where the price per song is determined by market demand”: Amie Streetallows prices for pieces of music to fluctuate based on artist interestand demand. The songs start at a great price, free, and can climb allthe way to 98 cents. [From Eric] […]