A poll of in excess of 3,000 people on a Record of the Day website has found that the average price a Radiohead fan paid for a copy of ‘In Rainbows’ was £4.
Corroborated with our exclusive that the Oxford band shifted 1.2million copies of the album – thanks to inside knowledge of a source close to the band – it means that Radiohead could have potentially earned a massive £4.8million from the album already!
Because the band doesn’t have a record deal, they get to keep the vast majority of the money with minimal overheads. If they were to sell the album through an online distributor, for example, they could see as little as a quarter of that money.
Of course, the band are netting more money via the £40 album box set sales and also the physical CD when it’s released early next year. Download sales are also set to continue.
It seems Thom Yorke and co. are laughing all the way to the bank, then.
Pete Doherty To Play Drink & Drug Free Tour?... Next 
Twilight New Moon - A Guide To The Movie Soundtrack
The 50 Greatest Songs of the 2000s!
The 50 Greatest Albums of the 2000s!
The 40 Greatest Single Covers Of All Time!
The 14 Greatest Band Mascots 
BuyRadiohead T Shirts now!
Chapel Club, Lyrebirds and Munich Live In Brighton - Photos
Vampire Weekend Take 'Contra' To Manchester - Photos
Enter Shikari Meet & Greet Fans After Ceiling Collapses In Blackpool
- There are overheads, you’re forgetting bandwith, studio costs, a producer, money going to the payment processor. But still, they must have netted a lot after those.
- Damn you don’t half make up some shit on this site.
- This is a bit basic. It’s also speculating wildly.
Of course there are overheads, they’ve just saved a bit on distribution/promotion and seem to have held onto %100 of the royalties.
You’re basically making up a story here.
- If any band in the world actually deserved the money alleged here, then Radiohead does. Perhaps the music industry will heed the clarion call in ”2+2=5” and start paying attention.
- I’ll believe the 1.2 million figure when I see it confirmed by the band. I’m guessing that it’s about ten times too high a number. Come on.
» View all 13 comments~ by Ian 10/12/2007 Report
~ by this guy 10/12/2007 Report
~ by DL 10/12/2007 Report
~ by e 10/12/2007 Report
~ by Juliet 10/12/2007 Report
Register now and have your comments approved automatically!