I'm being serious when I say that I've been thinking about this TED talk for most of my workday. I hope this pertains to band management enough to keep it here for discussion because I think it could be a pretty interesting concept to have a chat about. Check out this video of popular alternative icon Amanda Palmer: Essentially the discussion surrounds the notion of crowd sourcing, the concept of 'pay what you think it's worth' and the positive aspects you can gain when you ask your fanbase for support. It's a really interesting concept and I want to know what other people here in bands think of this. I've been a huge fan of 'pay what you think it's worth' ever since Radiohead made a fortune on that record they released online. I'd actually love to have the confidence to release a record in this manner but the risk reward situation is daunting. The economies of scale at play suggest to me that in order to actually make a decent return you would probably have to be an extremely well established act, probably even at an international level, to begin with. So what do you guys think? Can 'pay what you think it's worth' work for the average band or is this only worth trying if you're already a really big deal? Is crowdsourcing feasible for the average band to implement? Is it possible to independently prosper in music with only a wireless connection and a folder full of MP3s?