Would You Pay 5 Cents For a Song?

The times they are a-changin’.

This post seems to be older than 16 years—a long time on the internet. It might be outdated.

It appears that someone in the world actually has a smart idea. Selling songs for 5 cents each! How cool would that be? I think it would work too. I have roughly 4000 songs. At the current iTunes rate of 99 cents a song, I spend about $4000. Ain’t going to happen. However, at 5 cents, I would only spend $200. Now that is not only something I can handle, it’s something that I would be willing to do. I would bet a very large sum of money that this would literally bring file sharing of music to a complete stop, practically overnight.

From slashdot.org:

irikar writes “An academic at McGill University has a simple plan to stop the plague of unauthorized music downloads on the Internet. But it entails changing the entire music industry as we know it, and Apple Computers, which may have the power to make the change, is listening.”

Heck, I bet people would even pay for all the music they’ve already taken too! I really hope this actually goes through. The economics are there and it makes sense for everybody. The only reason it wouldn’t go through is because the RIAA can make more money suing people.