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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?"

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  1. Re:Novel idea by Anonymous Coward · · Score: -1, Offtopic

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