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Case
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Reference no. 9-516-S05
Spanish language
Subject category: Marketing
Published by: Harvard Business Publishing
Originally published in: 1998
Version: 14 September 2009
Revision date: 29-Apr-2019
Length: 8 pages
Data source: Published sources

Abstract

This is a Spanish version. In October 2007, the British band Radiohead caused a stir when it announced it would allow customers to decide how much to pay for its new album, released exclusively as a digital download and available only from the band's own website. The pricing plan represented a significant break from the industry standard of fixed prices for music, typically 99 cents for individual songs and upward of USD9.99 for complete albums. How viable is such a 'name-your-own-pricing' plan? And what does Radiohead's move say about the future of the music industry?
Size:
5 employees
Other setting(s):
2007

About

Abstract

This is a Spanish version. In October 2007, the British band Radiohead caused a stir when it announced it would allow customers to decide how much to pay for its new album, released exclusively as a digital download and available only from the band's own website. The pricing plan represented a significant break from the industry standard of fixed prices for music, typically 99 cents for individual songs and upward of USD9.99 for complete albums. How viable is such a 'name-your-own-pricing' plan? And what does Radiohead's move say about the future of the music industry?

Settings

Size:
5 employees
Other setting(s):
2007

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