Amie Street: What's the Real Value of Music?

Most 'paid for' music services on the Internet rigidly set the price of songs they sell. Even though services such as the iTunes Store have recently introduced a variable pricing structure (blog)- it's still some way off from being a totally dynamic system. Amie Street for example is one such service that uses a community-driven pricing system that reacts to how popular songs are. This in effect gives music fans the power to set song prices depending on how many people buy a particular song. Most new songs start off as free downloads, or very cheap, and increase in price as they become popular. The maximum price a song can be is 98 cents which keeps the service competitive; albums too have a maximum of $8.98 - unless you see a new one that you can grab for free.

If you're an independent artist looking for a promotional platform to show off your hard work and reap the benefits, then you'll be interested to know that Amie Street offer its artists 70 percent of the profits. As a music fan, it’s a great feeling to know that most of the money spent on a song will be going where it should - to the artist. Music fans also get cash rewards on Amie Street for recommending their favorite songs - this can then be used to download songs that you would otherwise have to pay for.

For more information, be sure to read our full Amie Street Review.

Image © Amie Street, Inc.

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