It looks as if the great experiment by Radiohead to see how much fans would pay for a new album if left to value it for themselves, pay what it is worth if you like, has misfired. Apparently 60 percent of downloaders decided it was worth, well, nothing at all in fact.

It seems that a full scale mutiny and rebellion against the music labels has begun. Several major bands, including Oasis, Jamiroquai and Radiohead as well as rock band "Throwdown" have gone together to encourage their fans to download their music. The bands are doing this because they've realized that by allowing the fans to share music, they're selling more music in the end.

Radiohead's “In Rainbows” album topped the U.S. sales chart this week, selling 122,000 copies, according to Nielsen SoundScan.

Well it’s been all over the place today the new Nine Inch Nails record the slip was made available by Trent Reznor, the creative force behind NIN made the post on dig himself after all. This is just the latest in high profile artiest (like radiohead) that have started to experiment in new forms of distribution for their works.

We’ve seen time and again that consumers are willing to pay at a price point that makes sense for them – this is Economics 101. When new business models emerge, artists and fans win. It’s only the traditional distributers and gatekeepers (we’re looking at you, MPAA and RIAA) who lose.....

The band has teamed up with Google to release the data for the promo as open source using a Creative Commons license. Take a gander at how it looks here--better than a lot of music videos in my opinion.

"Last week, we discussed Techdirt's tale of 'Hollywood Accounting,' which showed how movies like Harry Potter still officially 'lose' money with some simple accounting tricks. This week Techdirt is taking on RIAA accounting and demonstrating why most musicians — even multi-platinum recording stars — may never see a dime from their album sales."

"...If you are a Radiohead fan, please try to contact them and ask them to release the same songs in Ogg Vorbis also." - RMS

Every time I think we're finally reaching the point where these types of stories aren't necessary any more, because we've shown so many different musicians give away their music for free and make more money because of the additional business models they put in place, we see someone making a statement like: "but, if they give music away for free, they don't make any money and won't keep producing m