[Cotterik]

Radiohead are set to release a new album next week (October 10) and they're letting you choose how much to pay for it.

As previously reported, 'In Rainbows' will be available as a download from www.Radiohead..com but crucially fans can choose how much they want to pay for the record when they pre-order it. Which is pretty new for the music industry.

Alternatively the discbox will arrive on shelves on december 3rd. But as this album was expected to reach the number 1 spot on release, selling the album independantly through their own website means that there won't be a music industry inspection to how much they are selling.

Yet again radiohead set to bend the concept of the modern music industry, let's hope this sort of thing catches on!

I'll probably pay about £5 for the album, although technically you could just donate £0.01 and recieve the full album download! I've been waiting for this album for a long long time. I've had thousands of fans contacting the radiohead myspace page (which I run volountarily) demanding info about album for well over a year now.

Can't wait for this. Any other radiohead fans out there?