Radiohead's pioneering venture failed says Comscore

Radiohead's "In Rainbows" album has been downloaded for free, rather than purchased, by most of the Radiohead fans that listened to it.

According to online statistics specialist Comscore Inc, nearly two thirds of Radiohead fans chose to download the album for free (although they had to pay a fee for credit and debit card processing).

Comscore said that from the 10th to the 29th of October, 38% of paid downloaders forked around on average USD 6 (less than £3) for the album with US fans paying nearly twice as much for the album as the rest of the world.

The research found out that people paying more than USD 8 accounted for nearly 80% of the revenues grossed in.

But as Gigwise mentions in a post, this does not depict an accurate picture as the report did not include stats from people who have downloaded the album for free on peer to peer networks or those who purchased the soon-to-be-released box set.

“The high percentage of users actually paying more than a few dollars for this download is actually pretty impressive,” said Jim Larrison, general manager of corporate development at Adify, a provider of online ad network services. “I expected the vast majority of users to download the album for free or at most a few dollars. With 40 percent of consumers willing to pony up real money, this is a true win for the music industry as it shows there is still perceived value in the digital form of entertainment.