someone told me a lot of these big bands CDs of even the biggest names on the biggest labels don't sell more than a few hundred copies each world wide. How could that be? Why would they even bother?
Hey John,
That's quite true. At XXX there was technically a minimum guarantee of 2,500, but most titles didn't sell anywhere near that. As long as the client was making the bottom line due to certain top titles, we didn't bother them too much about individual guarantees.
The reason none of this stuff gets out through frontline labels is that they'll only produce stuff that they think will sell about 25,000 units.
I hate thinking about all that old record company crap. The industry is over. I had a nice little run before the older audience died and the internet took the interest of younger potential buyers.
How dismal is that??