Archive for: pricing

AmieStreet Sign Sony Catalog. However, Sony To Scared About Using The AmieStreet Fan-Driven Pricing Model

The very popular music discovery and download site AmieStreet will soon be adding the Sony Music Entertainment catalog. AmieStreet which is best know for their fan-driven pricing model will bring the Sony catalog to their community, however not at the fan-driven pricing model and instead Sony has set their own pricing levels at $0.69, $0.99 and $1.29 per song.

I find it funny how AmieStreet have been making some great progress in the music discovery and consumption sector with their pricing model, but the Major label is too scared to actually let the average consumer pay what they think the music is worth. Is this because most of the garbage pop that comes out of the major labels isnt really worth much?

Anyways, AmieStreet has created a special section on it’s website (http://amiestreet.com/blog/sony) which highlights a small sample of the artists, both old and new, that are already available.

“Amie Street has proven to be an innovative platform for engaging music fans and introducing them to both emerging and established artists,” said Michael Paull, Executive Vice President, Global Digital Business, Sony Music Entertainment. “We look forward to our music being available to Amie Street’s growing community.”

Then why doesnt Sony actually adopt their pricing model then if its working?

“The partnership with Sony Music is a huge development for Amie Street,” said Peter Asbill, Co-Founder of AmieStreet.com. “We want to be the best place to discover new music for all types of customers, from indie to mainstream, and adding the unparalleled Sony Music catalog is a critical step towards fulfilling that promise.”

iTunes Releases Variable Pricing Model

The anticipation is now over, as music fans everywhere can now pay more for their favorite tracks on the iTunes Store. On Tuesday morning the iTunes store switched over to a variable pricing scheme with price points now at $1.29, 99 cents and 69 cents. This pricing model is aimed at increase the price of the most popular tracks on the iTunes store while at the same time decreasing the tracks that arent so popular.

Unsurprisingly, a number of top-ranked songs are now saddled with $1.29 tags.  That includes the top-three most-downloaded songs, specifically “Boom Boom Pow” by Black Eyed Peas, “Poker Face” by Lady Gaga, and “Right Round” by Flo Rida.  But a large number of popular tracks are retaining their 99-cent stickers, at least upon initial inspection.