MySpace (do I really need to link there?) is going to be offering a pay-for-friend model to record distributors. The catch for the record distributor? Give them the user the music for free. We're talking about commercial music that is also distributed in record stores here, not music from some obscure band.
So how does this work exactly? A user "friends" a record label and in exchange they can download an album. The user has the music they want, the record label has an audience for their brands that they can capitalize on, and MySpace gets a little change in it's pocket. Win, win, win? Maybe. I have my doubts as to whether people are really going buy in to an unfamiliar brand because they were able to download some music for free. But it's an interesting idea and definitely worth a shot. Frankly anything that takes current music business models in a different direction is worth a shot. Hats off to MySpace for the imaginativeness.
Speaking of obscure bands, the first band to try this out on MySpace is a band called Pennywise, via their record label Textango's MySpace profile. This will happen sometime next March.
Happy Thanksgiving.
Via AdWeek.
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November 20th, 2007 at 2:08 pm