Confusing Value And Price, Choir Demands £3000 Per Download

from the let's-discuss-this-rationally----I'll-start-by-setting-an-insane,-but-&# dept

If you asked most people what a single track is worth, most would answer with the going market price, which ranges from ~$0.79-$1.29. This is what the market has shown, for the most part, that it will bear. You veer too far away from the high end of that range and you'll find most people will opt for other music, cheaper music, or your music, fully detached from the high-end price tag.

Now, if you ask this same question of a certain 22-piece self-described "feminist alternative choir," the answer would be much, much different. Your initial estimate would need to be upped by approximately $4,850. Gaggle, the 22-member choir, has announced that they are selling their new single for £3,000 per download (no physical option exists). Why? Because they've chosen to use the persuasive power of economic fallacies to get people talking about "value."

Here's the womanifiesto:
"The Power of Money. What does money mean to you? How do you put a value on the things you care about? Is money the same thing as worth? Like it or not, money means that some people are rich and others poor, some considered successful, others failures. It determines your healthcare choices, education, clothes and how long you have the heating on for – whether you can have the things you want. But money is made up. Without our participation in the illusion, it's meaningless – in fact, if meaning equated to value, we would happily burn all the money tomorrow. Gaggle, of course, uses money. But Gaggle is an exercise in the power of other things as well – otherwise we wouldn't, and couldn't, exist. The Power of Generosity, Inventiveness, Courage. The Power of Flirting, Improvising, Blagging, Hard Work and Being Nice and Polite. The Power of Friendship, Faith, Obligation, Ambition, Anxiety…..Dreams. Without these Powers this track would not have been made. This song is precious. And yet, we're told that 'a single' is almost valueless. And that pisses us off. So we have done a budget of how much this single 'cost'. The many hours it took to write, arrange, compose, master; the expertise of all the musicians, technicians, designers, producers involved; the combination of all the Powers described above and more – we've totted it all up as best we can and… …we are putting this tune to market for the sum of £3000. The power of money? Let's see."
Well, good luck with that. It's been said time and time before, the customer has little to no interest in your fixed costs. This factor is completely irrelevant to purchase decisions, which are most often based on a more subjective perception of "value." While Gaggle may value their creation highly, it would be ignorant to assume that potential purchasers will value the track accordingly. In an era where creative output is at its highest, the sheer number of competing, cheaper options would be enough to bury this track's chances, even if Gaggle decided £5 was a reasonable amount to ask. (It isn't.)

Beyond that, there's some questions as to Gaggle's math. Are they intending for one sale to reimburse the entire creative effort? 10? 25? Wouldn't it be better to sell a few thousand copies at a price that people will actually pay, rather than pin the hopes of the collective on sales in the single digits? For that matter, wouldn't this scenario be more likely as well? And is it really fair to ask purchasers to support 22 musicians through the purchase of a single track? Aren't you running about 10-15 members over the upper limit for potentially successful bands that aren't named Broken Social Scene or Chicago?

But the issue at hand here really isn't £3000 or the perceived value of a single track versus the true cost of production. Gaggle's move here is a publicity stunt, primarily aimed at raising awareness of the band with a secondary aim of opening a dialogue about the value of artistic endeavors. All well and good except that it's rather hard to hold a discussion with a group whose opening gambit is to hurl themselves off the deep end while everyone else looks on in bemusement.
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Filed Under: choir, downloads, music, price, songs, value


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  • icon
    Aria Company (profile), 7 Jan 2013 @ 4:56am

    "Gaggle's move here is a publicity stunt..."
    Be sure to take your cut, Tim, for helping with the publicity.

    Oh, and I'll take a bit too for commenting on it.

    This is going to get ugly. More comments are going to come, and they'll all want their share too, decreasing my take.

    Can't wait to see how much our efforts get billed to Gaggle for our work in helping with the publicity!

    It sure isn't going to be 99 cents, right?

    link to this | view in chronology ]

    • icon
      harbingerofdoom (profile), 7 Jan 2013 @ 8:45am

      Re:

      Gaggle's newly released track is totally worth the high price tag!



      and now that i have just increased the value, i want my cut also :p

      link to this | view in chronology ]

    • icon
      jakerome (profile), 7 Jan 2013 @ 9:43am

      Re:

      This shouldn't need to be said. But the price itself is obviously part of an art project. It's an exploration, the price is supposed to elicit deep thoughts from the reader, not compel them to buy. If Mr. Cushing got the point of the pricing, he certainly failed to convey his understanding in the article.

      link to this | view in chronology ]

  • icon
    Ninja (profile), 7 Jan 2013 @ 5:03am

    Well, bad news, my minute is valued at nearly $1000. So if their song is 3 minutes long then they'd owe me $3000 for me to listen which would then make us even. I'm downloading your track from some site for free (not!).

    They need some reality injection.

    link to this | view in chronology ]

  • icon
    nospacesorspecialcharacters (profile), 7 Jan 2013 @ 5:53am

    Study it out!

    Actually the sum they're asking is pretty cheap - presuming they've already projected loss from piracy using RIAA's figures.

    Bargain, I'd say.

    link to this | view in chronology ]

  • icon
    Zakida Paul (profile), 7 Jan 2013 @ 5:57am

    This comment is worth £10000 and now that you have read it, my team of solicitors will be in contact in due course.

    link to this | view in chronology ]

  • icon
    Bergman (profile), 7 Jan 2013 @ 6:15am

    The power of money is closely linked to the power of bankruptcy and the power of not being able to afford to eat.

    Let's see which they experience?

    link to this | view in chronology ]

  • identicon
    Anonymous Coward, 7 Jan 2013 @ 6:15am

    What a disgusting sense of entitlement these people have.

    link to this | view in chronology ]

  • icon
    Devils_Advocate (profile), 7 Jan 2013 @ 6:19am

    Stunt, for perhaps a certain kind of publicity

    Looks like they're aiming their sites art those members of the Elite that support anything and everything expensive, in the name of preserving that illusory culture of privilege.

    Whatever they're doing, they're obviously from a different planet than us.

    link to this | view in chronology ]

  • identicon
    Anonymous Coward, 7 Jan 2013 @ 6:28am

    So what does this imply, that only the rich are entitled to culture.

    You bring the price down so a wider audience can enjoy works, assuming their lucky enough to find one they like, after the fact.

    link to this | view in chronology ]

    • identicon
      Michael, 7 Jan 2013 @ 6:37am

      Re:

      "So what does this imply, that only the rich are entitled to culture"

      No, it implies that nobody is entitled to culture. Apparently, they think if you want culture, you have to be able to afford it.

      They appear to be "reality challenged".

      link to this | view in chronology ]

      • identicon
        Danny, 7 Jan 2013 @ 8:11am

        Re: Re:

        Good lord, the comments in this thread are hurting my brain. I keep reading comments about how "entitled" or foolish they are but Tim said it himself, this isn't about selling copies of their song.

        It seems pretty obvious to me that what they are attempting to do is alter the discourse we have around the value of music. Whether their attempt is at all successful, or even a good idea, is a productive direction to take the conversation. Comment after comment about how they are greedy or elitist or just plain clueless are completely missing the point of their actions.

        link to this | view in chronology ]

        • icon
          Sneeje (profile), 7 Jan 2013 @ 8:48am

          Re: Re: Re:

          Perhaps, but they are the ones that said, "And yet, we're told that 'a single' is almost valueless. And that pisses us off."

          The choice of those words imply that they a) don't understand the difference between price and value and b) believe that the price for singles should be much higher.

          You're right that we cannot take the next step to conclude they think it should be higher because they are greedy, but their own words have pointed the discussion in this direction.

          link to this | view in chronology ]

  • identicon
    Anonymous Coward, 7 Jan 2013 @ 6:30am

    Meh, $3000 FOR ONLY THE RIGHT TO LISTEN TO IT, WITHOUT BEING ABLE TO DO ANYTHING ELSE.

    Thanks, but no thanks. I am not enabling monopolies anymore.

    I will put $3000, hard work, inventiveness, knowledge and courage in more practical things.

    Like on:

    http://www.medstartr.com/ (the medical Kickstarter)

    Or better yet in OSEHRA the open source healthcare.

    link to this | view in chronology ]

    • identicon
      Michael, 7 Jan 2013 @ 6:39am

      Re:

      "$3000 FOR ONLY THE RIGHT TO LISTEN TO IT"

      Nope. $4,850 US for a license to listen to it that can be changed, modified, or revoked at any time.

      I hope they provide a list of the people that bite. I have a bridge I really need to sell.

      link to this | view in chronology ]

  • identicon
    Anonymous Coward, 7 Jan 2013 @ 6:32am

    One liner:

    I am sick and tired of "exclusivity", I always am the one excluded.

    link to this | view in chronology ]

  • identicon
    The Real Michael, 7 Jan 2013 @ 6:33am

    Apparently making money is more important to this choir than making fans.

    Sad world we live in.

    link to this | view in chronology ]

    • identicon
      Michael, 7 Jan 2013 @ 6:41am

      Re:

      Of course.

      You didn't think these 22 people started singing because they enjoyed it or because they wanted to share something creative with others. Every artist is motivated purely by money.

      link to this | view in chronology ]

      • identicon
        The Real Michael, 7 Jan 2013 @ 8:51am

        Re: Re:

        I disagree with that broad-sweeping generalization. Money is not every artist's primary motivation. Of course most would prefer to make a living off their craft, which is fine so long as they don't blatantly rip people off or act like entitled snobs. But still, a lot of artists are happy to share their works.

        link to this | view in chronology ]

  • icon
    JWW (profile), 7 Jan 2013 @ 6:34am

    So....

    They'll get publicity and become a known musical group..... that no one's ever heard.

    link to this | view in chronology ]

  • This comment has been flagged by the community. Click here to show it
    identicon
    Anonymous Coward, 7 Jan 2013 @ 6:47am

    U m a d , b r o ?

    link to this | view in chronology ]

  • icon
    Corwin (profile), 7 Jan 2013 @ 6:56am

    Obvious answer is obvious

    Kickstart the 3000 quid, release into public domain, with a "copyright note" that states the names of all donors in decreasing order of contribution amount. Embedded in the tags of the original files distributed by the project.

    But 3000 pounds should cover everything, right? So, the masters should be openly distributed too. And the intermediary files, custom settings in the studio software, right? Everything that the choir could possibly have access to after having recorded the song, should be public domain, if the public pays a liberation fee to buy the song outright.

    If the performers choose to one-time sell the song, it's a very good idea, in the first place. Songs do have a fixed cost, so it makes very much sense to sell them as "one product", with the natural right to share it once the product has been fully paid for.

    Capitalism is the system where all products are supposed to end up priced at their marginal production cost. This choir may be doing something very, very right. Maybe someone could even reappropriate their song and make it a hit, earning millions by selling related, scarce stuff, just to show them how to make money from free.

    link to this | view in chronology ]

  • icon
    Richard (profile), 7 Jan 2013 @ 6:56am

    £3000 for what?

    For the same rights they have - maybe?

    That is a plausible business model. The first batch of purchasers can resell to recoup their investment at a profit. The price will progressively fall and at the end of the process the work will be effectively in the public domain with all fixed costs having been recovered (with a little profit.)

    Sadly I suspect that this is NOT their model.

    link to this | view in chronology ]

  • icon
    Tim Griffiths (profile), 7 Jan 2013 @ 6:57am

    Well then...

    MONEY MEANS NOTHING! SO GIVE US LOTS OF MONEY!

    also
    A "feminist alternative choir" who espouse "The Power of Flirting" is a thing that exists apparently.

    link to this | view in chronology ]

  • icon
    adamj (profile), 7 Jan 2013 @ 7:00am

    B*tches be shoppin!

    Here is my new debut single: "The Power of Price Elasticity and-the-Profit-Maximizing-Price-Point"

    link to this | view in chronology ]

  • icon
    iambinarymind (profile), 7 Jan 2013 @ 7:00am

    Price

    "The ultimate source of the determination of prices is the value judgments of the consumers."
    ~Ludwig von Mises, Human Action

    link to this | view in chronology ]

  • icon
    DanZee (profile), 7 Jan 2013 @ 7:12am

    Crazy Feminists

    They're just a bunch of crazy feminists. And who knows, they might have some crazy rich feminists out there who buy the song to show support. If Obama can charge $10,000 for a chicken dinner, they can charge 3,000 pounds for their song.

    link to this | view in chronology ]

  • identicon
    Rob, 7 Jan 2013 @ 7:14am

    The danger of satire . . .

    The danger of satire, is that they might take you seriously.

    Now, if you'll excuse me, I'm cooking Irish Baby for breakfast.

    link to this | view in chronology ]

    • identicon
      Michael, 7 Jan 2013 @ 9:12am

      Re: The danger of satire . . .

      You racist! Why does the baby have to be Irish?

      Admit it, you have been selling apps that make people look Asian.

      link to this | view in chronology ]

      • identicon
        The baker, 7 Jan 2013 @ 9:22am

        Re: Re: The danger of satire . . .

        I'm developing a app that makes people look Canadian. Any thoughts on the best GUI?

        link to this | view in chronology ]

        • identicon
          Michael, 7 Jan 2013 @ 9:33am

          Re: Re: Re: The danger of satire . . .

          Not really, but it should be clean and in both French and English.

          link to this | view in chronology ]

  • identicon
    FreeCultureForFreePeople, 7 Jan 2013 @ 7:16am

    OMG - my ears!

    If you think the bad news is the pricetag, I suggest you treat your ears to the generous 59 second preview (https://bleep.com/release/41111#) of this "masterpiece". They sound like they're singing into a tin can, while at the same time banging about on said tin can.

    *dials number of solicitor to claim damages for pain and suffering*

    Nice publicity stunt, all right, though I doubt it will attract the type of audience (elitist + clueless) they'd hoped for.

    Their sense of entitlement is absolutely amazing. People will always pay the price the music is worth to THEM, regardless of the cost it took to create said music.

    Looks like there's a lesson to be learned...

    link to this | view in chronology ]

    • identicon
      Michael, 7 Jan 2013 @ 9:16am

      Re: OMG - my ears!

      Wait...

      So it is not $4,850 for 3 minutes and 15 seconds of musical genius, it is really $4,850 for the 2 minutes and 16 seconds of it we have not already heard?

      At $25 per second, I was considering it, but $35 per second is a little too rich for me.

      link to this | view in chronology ]

    • icon
      Anonymous Cowshit (profile), 8 Jan 2013 @ 4:45am

      Re: OMG - my ears!

      Finally, someone has actually listened to the object of this discussion.

      There was me fuming (albeit quite smugly, I have to say) that you had all failed to confirm that this was NOT the most sensational piece of music ever produced. Might this not perhaps have been a uniquely glorious combination of sounds capable of producing a minimum of five orgasms per second for the listener while simultaneously reversing global warming, bringing about world peace and making my head hair grow back? For that, 3000 pounds would (as many of us - especially the follically challenged - might agree) be a bargain!

      Self-tested. Smugness over.

      All the music (unsure that this is the correct use of the word) did for me was to set my ears ringing, turn my brain to a strange combination of mushy peas and razor blades, propel me swiftly in the direction of the bathroom, and make me wish I had a second-hand ICBM to lob at the abode of the choir members of Gaggle (which Google quite correctly defines as "A disorderly or noisy group of people"), or whatever they are called. So much for world peace! And hair restoration.

      In this instance, silence is much more golden. And a helluva lot cheaper.

      Mind you ... do you think I could copyright a few seconds of silence, and then ask you all to pay me royalties whenever you listen to (or produce) a copy or interpretation thereof?

      link to this | view in chronology ]

    • icon
      Nigel (profile), 23 Jan 2013 @ 10:54am

      Re: OMG - my ears!

      There is no measure of how fucking bad that is. I didn't even make it to the end of it.

      N.

      link to this | view in chronology ]

  • icon
    gorehound (profile), 7 Jan 2013 @ 7:18am

    I got better things to do with $3000 like Eating good food and paying Rent !

    link to this | view in chronology ]

  • identicon
    Anonymous Coward, 7 Jan 2013 @ 7:26am

    Well, my time for reading this post is ¥30000. Pay me.

    /s

    link to this | view in chronology ]

  • identicon
    Anonymous Coward, 7 Jan 2013 @ 7:35am

    I hope they really don't expect consumers to spend $4,000 per song.

    link to this | view in chronology ]

  • identicon
    Mark, 7 Jan 2013 @ 7:38am

    Free?

    Um, the MP3 is available as preview on the bleep.com website. The full 3min 15sec track. So just download it?

    link to this | view in chronology ]

  • identicon
    FreeCultureForFreePeople, 7 Jan 2013 @ 7:44am

    Video

    Update: there's a Youtube video of these nerds performing their "song". https://www.youtube.com/watch?v=VMZwAZcEnZ4&feature=player_embedded.

    I guess I'm lucky to live in Germany, where, thanks to our greedy collectors' society (GEMA), it has become next to impossible to watch any Youtube video at all. Denying a whole country access to one of the worlds biggest video platforms is a great way to 'support and promote' artists.

    Thank you, GEMA.

    link to this | view in chronology ]

    • icon
      Robert (profile), 7 Jan 2013 @ 7:48am

      Re: Video

      Comments on YouTube were pretty harsh. I wonder if the artists performing in the video and recording/writing the song will take them with a grain of salt, instead of dismissing outright? Probably not, but one could hope.

      Criticism is important and if you are serious about your craft, you'll at least listen.

      link to this | view in chronology ]

    • icon
      Greevar (profile), 7 Jan 2013 @ 8:17am

      Re: Video

      cacophony: A harsh, discordant mixture of sounds: "a cacophony of deafening alarm bells"; "a cacophony of architectural styles".

      link to this | view in chronology ]

  • identicon
    Anonymous Coward, 7 Jan 2013 @ 7:46am

    Wow, this is the sort of behaviour that the usual trolls find worth defending? Perhaps they should help contribute to a feminist campaign to explore why men suck; it'll be a just as if not more successful endeavour.

    link to this | view in chronology ]

  • identicon
    Anonymous Coward, 7 Jan 2013 @ 8:07am

    womanifiesto paragraph reads like a typical progressive collectivist rant lacking any view connected with reality.

    link to this | view in chronology ]

    • identicon
      Anonymous Coward, 7 Jan 2013 @ 8:22pm

      Re:

      I'm not sure if they're really a group. They didn't even blame the "patriarchy" once.

      link to this | view in chronology ]

  • identicon
    LOLCAT, 7 Jan 2013 @ 8:14am

    I do believe that watching that video was one of the more painful experiences I have put myself through. I think that their tactic is that they would rather be known as greedy artists instead of horrible ones thus the ridiculous price tag. An apparent lack of talent would pretty much keep them from the Beiber effect...

    link to this | view in chronology ]

  • icon
    Josef Anvil (profile), 7 Jan 2013 @ 8:17am

    Nice words

    Gaggle can use any words they like to justify the reasons for the hefty price tag. Publicity stunt or not, the reality is that the internet has shown us that increasingly fewer of us are willing to pay for music.

    Does that mean that music has no value? Nope. Music is priceless, it is a part of us and we feel entitled to it. Artists aren't the only ones who feel a sense of entitlement. The internet just taught us that music is more like air. It's something that has a VERY high value, but an extremely low price, if any.

    Newsflash for the RIAA. Instead of whining, you should learn to market music like water. Convince your customers that even though they can get it for free, you have a "better" version. It worked well for bottled water.

    link to this | view in chronology ]

  • icon
    That Anonymous Coward (profile), 7 Jan 2013 @ 8:36am

    "The many hours it took to write, arrange, compose, master; the expertise of all the musicians, technicians, designers, producers involved;"

    Seems like it was all wasted.
    I listened to a few seconds and I'd like that portion of my life back please.
    I'd also like to be paid for the damage to my eyes caused by your video editing choice's which seemed to be based on how many effect buttons can we mash at the same time.

    link to this | view in chronology ]

  • identicon
    Anonymous Coward, 7 Jan 2013 @ 9:12am

    'Wouldn't it be better to sell a few thousand copies at a price that people will actually pay'

    dont be ridiculous! since when have women been logical? it's like telling them to stop when they are 6 inches from something. never gonna happen!

    link to this | view in chronology ]

    • identicon
      Michael, 7 Jan 2013 @ 9:19am

      Re:

      If it is a man telling a woman to stop 6 inches from something, they extrapolate and stop 3.5 inches from it.

      If you complain, they will tell you that it doesn't matter.

      link to this | view in chronology ]

    • identicon
      Anonymous Coward, 7 Jan 2013 @ 9:28am

      Re:

      > it's like telling them to stop when they are 6 inches
      > from something. never gonna happen!

      I bet you have 6 inches no woman will ever get close to.

      link to this | view in chronology ]

  • identicon
    Anonymous Coward, 7 Jan 2013 @ 9:50am

    >money means that some people are rich and others poor,

    Yes, because before there was money everyone was equally well off. The reality is money is just attaching a number to a concept that already existed.

    link to this | view in chronology ]

  • identicon
    Anonymous Coward, 7 Jan 2013 @ 9:58am

    >If you asked most people what a single track is worth, most would answer with the going market price, which ranges from ~$0.79-$1.29. This is what the market has shown, for the most part, that it will bear.

    I do not believe this statement is accurate. It would be more accurate to say that the big recording companies made up their minds early on that this is what music should be worth, and have refused to budge from that position. There have been numerous analyses and experiments that suggest there may be other pricing models that would return higher revenue, some of which suggest revenue would be maximized somewhere in the $0.15-$0.25 range (more so if the music industry had taken the lesson to heart early on before so many young music listeners got used to the idea of obtaining music for free).

    Evidently, being able to dictate how much a song should be worth is more important to them than trying to make more money. I would speculate that this notion came from the same team that spearheaded the music industry's (very successful) campaign to drive down CD sales by pissing off the music-buying public.

    link to this | view in chronology ]

  • identicon
    anonymouse, 7 Jan 2013 @ 10:18am

    Funny

    If this is some type of marketing ploy, well they have got people thinking of the cost of creating music, the cost is 0 yes you read that right ZERO i can sit today and strum my guitar for a few minutes put some words to it and release it on thepiratebay free for everyone in the world to listen to. Now as this group have declared all the time and effort that has gone into there creation as time that is being charged for.Now lets see how much do these people get paid for creating there track, Nothign you say they did it becasue they enjoy music, so in fact there music has only the value people are prepared to pay then, they put a crazy price on there track but it cost them Zero dollars to create it. They obviously as an entity already owned there instruments, they have already probably paid for them and use them all the time so there is no meaningful value to them, they have probably practiced at home and in school or church halls that provide the space free or for a monthly fee that is paid for by donations. Or even membership fees which are not used or should not be used for the valuation of this track as those costs would have still been there if the track was not created. Salaries are irrelevant as most musicians join an orchestra for the experience unless they are very well known whereupon they get there salaries from paying audiences and possibly cd sales.

    SO all in all they have no costs and this track should or could be sold for the cost or value people have put on a track which is 99c or less , probably less as orchestral music is not that popular and is never seen in the top 100 songs.

    link to this | view in chronology ]

    • identicon
      Michael, 7 Jan 2013 @ 10:48am

      Re: Funny

      "i can sit today and strum my guitar for a few minutes"

      - Your time (ok, that may not cost anything)
      - Purchase or rent a guitar

      "release it on thepiratebay"

      - Something to record the music and turn it into a digital file


      "they have already probably paid for them and use them all the time so there is no meaningful value to them"

      Just because something has been used or paid for itself many times over does not mean it has no value.


      "they have probably practiced at home and in school or church halls that provide the space free or for a monthly fee that is paid for by donations"

      Speculation does not help an argument.


      "SO all in all they have no costs and this track should or could be sold for the cost or value people have put on a track which is 99c or less"

      And as stated in the article, the customer has no interests in the fixed costs. It doesn't matter if they are zero (as you wrongly claim) or $1 million, they have no real bearing on the market.


      I'm not sure what you were trying to argue, but something went awry on you there.

      link to this | view in chronology ]

  • identicon
    slick8086, 7 Jan 2013 @ 11:01am

    All well and good except that it's rather hard to hold a discussion with a group whose opening gambit is to hurl themselves off the deep end while everyone else looks on in bemusement.

    How is a feminists group asking 3000 pounds for a music track any more the deep end than an ISP asking for $5000 for a cup of coffee if the goal is to raise awareness?

    http://www.techdirt.com/blog/wireless/articles/20121228/01025121504/sf-wireless-isp-mo nkeybrains-tries-to-crowdfund-325-million-satellite.shtml

    link to this | view in chronology ]

  • identicon
    Jake, 7 Jan 2013 @ 11:12am

    Remember that $1000 iPad app? Same principle at work here. And nobody ever went bust selling something that rich idiots can use to impress other rich idiots.

    link to this | view in chronology ]

  • identicon
    Gregg, 7 Jan 2013 @ 11:14am

    charge what you want......

    They can charge what they want, I doubt I'd even waste the bandwidth to even download a pirated copy of their song.

    Protests can go both ways.

    link to this | view in chronology ]

  • icon
    John Fenderson (profile), 7 Jan 2013 @ 12:15pm

    The key point

    While Gaggle may value their creation highly, it would be ignorant to assume that potential purchasers will value the track accordingly.


    This hits the key point about the difference between price (cost) and value. Value is almost entirely subjective.

    When you produce something, you value it very highly -- much more highly than anybody else is likely to do. This is understandable and correct: it really is worth more to the creator than anybody else. This is understandable and accurate.

    Nobody else, however, will value it as highly -- and most people won't value it even close to as highly. This is also understandable and accurate.

    Too many creators don't grasp this disparity and think that because it's of immense value to them, it must be at least of high value to everyone else. Then they base business decisions on that supposition and wonder why nobody is willing to pay "what it's worth".

    link to this | view in chronology ]

  • identicon
    Anonymous Coward, 7 Jan 2013 @ 3:12pm

    I'm not feeling the glee.

    link to this | view in chronology ]

  • identicon
    Anonymous Coward, 7 Jan 2013 @ 5:11pm

    For a minute I thought they misspelled "bragging" or "blogging", but apparently "blagging" is a word in England.
    That's more interesting to me than anything this band has ever done, and I'll probably forget it after 15 minutes. The band themselves will probably last 5 minutes, tops.

    link to this | view in chronology ]

  • icon
    Jon B. (profile), 7 Jan 2013 @ 7:12pm

    I have a music degree and even I managed to squeeze out a 3 hour credit in macroeconomics.

    These girls didn't even manage to pinch off a 1 hour credit in home economics.

    And something tells me that was on purpose...

    link to this | view in chronology ]

  • icon
    hfbs (profile), 8 Jan 2013 @ 11:09am

    It's £0.99 on iTunes.

    link to this | view in chronology ]


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