I know that is a contradiction, how can something that is available for free make more money than something that is only available in a paid for format?
According to Amazon, this is exactly what happened. The Best selling album for 2008 on their MP3 site was Ghosts I-IV by Nine Inch Nails. An album released under the Creative Commons licence, hence free to share. The band even provides the seed for Ghosts I on The Pirate Bay site.
This raises the question, given that the album is effectively free why would anyone pay for it?
Trent Reznor, Mr NIN, is no fan of the record industry and after the famous Steal It speech split with his record company to go it alone. All releases since have been effectivly free yet people still pay because they know any money they pay goes directly to the band, not to line the pockets of fat cats in some faceless record company.
This just shows people are willing to support things they believe in or care about.
This latest blow to the record industry must have left many VERY scared. The ONLY thing record companies actually do is find new bands then publish their music. Both tasks that are now back in the hands of the artists. Will 2009 be the year we see the big 4 ask for a bail out or will Britney and the other plasic made up bands support them for another year?