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Amazon Invests In Dynamic Pricing Model For MP3s

Posted by ScuttleMonkey on from the fun-models-to-play-with dept.

NittanyTuring writes "Amazon recently closed a Series A financing deal with Amiestreet.com, a startup selling DRM-free MP3s with a demand-based pricing model. All music starts out free, and prices increase for popular tracks. Jeff Blackburn, Senior Vice President for Business Development, Amazon.com: 'The idea of having customers directly influence the price of songs is an interesting and novel approach to selling digital music.' What does this mean for Amazon's own intentions to sell music?"

3 of 280 comments (clear)

  1. Novel idea by rlp · · Score: 5, Funny

    A novel new business idea - the recording industry HATES that.

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    [Insert pithy quote here]
  2. Re:Love it by kpainter · · Score: 5, Funny

    I wonder if they will pay me to download Yoko Ono tracks?

  3. Re:pissed off customers, thats what it means by omeomi · · Score: 5, Funny

    more to the point, what is to stop me from "selling" my free versions when the band gets popular?

    One could set up an entire MP3 futures trading market! You could invest in MP3's, hoping that their popularity will grow...

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    ZuluPad, the wiki notepad on crack