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Amazon Invests In Dynamic Pricing Model For MP3s

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?"

5 of 280 comments (clear)

  1. Umm read the article.... by Duffy13 · · Score: 5, Informative

    For those who didn't, prices start a $0.00 and cap out at $0.98.

    --
    "Now you know, and knowing is half the battle!"
  2. RTFM by brian1078 · · Score: 2, Informative
    From the article:

    As more people download a song the price rises, capping at $0.98
  3. Lots of good music on Amie Street by Jason+Levine · · Score: 2, Informative

    This is really good news. There are some good songs to be had on Amie Street for not much money. So far, I've bought 91 songs and have only spent $6.29. That's about 7 cents per song. With no DRM at all. Beat that, iTunes! ;-)

    Oh, and if you happen to be interested in what I'm listening to, here's my playlist: http://www.jasons-toolbox.com/what-im-listening-to .php

    --
    My sci-fi novel, Ghost Thief, is now available from Amazon.com.
  4. "Logic" is too generous... by mattgreen · · Score: 2, Informative

    Fallacy-ridden arguments and ridiculous drawn out appeals to emotion is a more accurate representation. Remember: you should be able to do whatever you want with information, except if its the GPL! Then you have to follow the GPL!

  5. Re:pissed off customers, thats what it means by omeomi · · Score: 2, Informative

    You might do some reading about U.S. Copyright Law "First Sale Doctrine" http://en.wikipedia.org/wiki/First-sale_doctrine. For software, there are conflicting court cases, so legally it's not quite as cut and dry as either of us are trying to act like it is. As for MP3 files and the like, nobody really knows the answer, because it isn't something that has gone to court yet. This article discusses the legality a bit: http://news.com.com/2100-1025_3-5071108.html