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Pearl Jam Follows Prince!!! http://www.digitalspy.com...rship.html
I think very soon, every major music artist will b signing up with major retailers instead of going through record companies!! I wonder who Target will take on next???? http://news.yahoo.com/s/n...pearljam_1 [Edited 6/2/09 4:07am] | |
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For the record, Christina Aguilera inked a deal with Target in 2008 for the exclusive release of her CD, " Keeps Getting’ Better – A Decade of Hits". Therefore, Prince followed her. | |
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In a related note here is an excerpt from a Neal Schon (Guitarist for Journey) in Novemver 2008's Guitar Player Magazine.
http://www.guitarplayer.c...v-08/89469 What would possess a band that has sold over 75million records and has already released greatest hits collections to rerecord all their hits again with a new singer? It wasn’t something that I wanted to do necessarily, but it was all part of a Wal-Mart distribution deal that Irving [Azoff Management] put together. See, Wal-Mart is like the new record store. Aside from Target and Best Buy, Wal-Mart’s the only game in town. There’s no more Tower Records. The great thing for the artist is that, when it comes to your royalty rate, the deal is much more favorable with Wal-Mart than it’s ever been with a major label. Sony owns all our old recordings, and they make it very difficult to get a decent deal, even with a greatest hits package, because they’re trying to stay in business—they wanna make all the f***in’ money. We’re now making four times the royalty we made on Sony, and the new album is heading toward platinum. Initially, the plan was to rerecord the greatest hits and three or four new songs, but once we got a few songs prepared with Arnel, things were going surprisingly smoothly. He was tearing through the tracks—no Pro Tools fixes, none of that crap—so I said, “It doesn’t feel right to just do the greatest hits and a couple of new songs. We gotta write more stuff. If we’re going to have 11 old tracks, let’s have 11 new tracks, too.” "The first time I saw the cover of Dirty Mind in the early 80s I thought, 'Is this some drag queen ripping on Freddie Prinze?'" - Some guy on The Gear Page | |
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carlcranshaw said: In a related note here is an excerpt from a Neal Schon (Guitarist for Journey) in Novemver 2008's Guitar Player Magazine.
http://www.guitarplayer.c...v-08/89469 What would possess a band that has sold over 75million records and has already released greatest hits collections to rerecord all their hits again with a new singer? It wasn’t something that I wanted to do necessarily, but it was all part of a Wal-Mart distribution deal that Irving [Azoff Management] put together. See, Wal-Mart is like the new record store. Aside from Target and Best Buy, Wal-Mart’s the only game in town. There’s no more Tower Records. The great thing for the artist is that, when it comes to your royalty rate, the deal is much more favorable with Wal-Mart than it’s ever been with a major label. Sony owns all our old recordings, and they make it very difficult to get a decent deal, even with a greatest hits package, because they’re trying to stay in business—they wanna make all the f***in’ money. We’re now making four times the royalty we made on Sony, and the new album is heading toward platinum. Initially, the plan was to rerecord the greatest hits and three or four new songs, but once we got a few songs prepared with Arnel, things were going surprisingly smoothly. He was tearing through the tracks—no Pro Tools fixes, none of that crap—so I said, “It doesn’t feel right to just do the greatest hits and a couple of new songs. We gotta write more stuff. If we’re going to have 11 old tracks, let’s have 11 new tracks, too.” ----- "We’re now making four times the royalty we made on Sony, and the new album is heading toward platinum. " That is exactly why they all going to be doing it soon. What is wrong with the artist actually making money off the CD? | |
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Copycat said: For the record, Christina Aguilera inked a deal with Target in 2008 for the exclusive release of her CD, " Keeps Getting’ Better – A Decade of Hits". Therefore, Prince followed her. Actually PRINCE inked a deal with "Redline Entertainment" in 2001, which is owned by BEST BUY and at the time Sam Goody also, and they put out "the Rainbow children" for him, so in retrospect, they all have followed Prince. "We went where our music was appreciated, and that was everywhere but the USA, we knew we had fans, but there is only so much of the world you can play at once" Magne F | |
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there is also Black Eyed Peas and a host of other artists, not just P and P.Jam | |
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carlcranshaw said: In a related note here is an excerpt from a Neal Schon (Guitarist for Journey) in Novemver 2008's Guitar Player Magazine.
http://www.guitarplayer.c...v-08/89469 What would possess a band that has sold over 75million records and has already released greatest hits collections to rerecord all their hits again with a new singer? It wasn’t something that I wanted to do necessarily, but it was all part of a Wal-Mart distribution deal that Irving [Azoff Management] put together. See, Wal-Mart is like the new record store. Aside from Target and Best Buy, Wal-Mart’s the only game in town. There’s no more Tower Records. The great thing for the artist is that, when it comes to your royalty rate, the deal is much more favorable with Wal-Mart than it’s ever been with a major label. Sony owns all our old recordings, and they make it very difficult to get a decent deal, even with a greatest hits package, because they’re trying to stay in business—they wanna make all the f***in’ money. We’re now making four times the royalty we made on Sony, and the new album is heading toward platinum. Initially, the plan was to rerecord the greatest hits and three or four new songs, but once we got a few songs prepared with Arnel, things were going surprisingly smoothly. He was tearing through the tracks—no Pro Tools fixes, none of that crap—so I said, “It doesn’t feel right to just do the greatest hits and a couple of new songs. We gotta write more stuff. If we’re going to have 11 old tracks, let’s have 11 new tracks, too.” The terms are more favorable for the artist with these types of deals and the big box retailers like it because it gets people in the store. Almost no one goes into a big box retail store and leaves with just one item. You'll always find something else there that you need. I went to Target for the Lotusflower cd and ended up spending nearly a hundred dollars. It's a win/win situation for the most part. I don't know which artist started the trend but the record company business model is gonna go the way of General Motors if they don't wake up soon. Prince, in you I found a kindred spirit...Rest In Paradise. | |
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babynoz said: carlcranshaw said:
In a related note here is an excerpt from a Neal Schon (Guitarist for Journey) in Novemver 2008's Guitar Player Magazine.
http://www.guitarplayer.c...v-08/89469 What would possess a band that has sold over 75million records and has already released greatest hits collections to rerecord all their hits again with a new singer? It wasn’t something that I wanted to do necessarily, but it was all part of a Wal-Mart distribution deal that Irving [Azoff Management] put together. See, Wal-Mart is like the new record store. Aside from Target and Best Buy, Wal-Mart’s the only game in town. There’s no more Tower Records. The great thing for the artist is that, when it comes to your royalty rate, the deal is much more favorable with Wal-Mart than it’s ever been with a major label. Sony owns all our old recordings, and they make it very difficult to get a decent deal, even with a greatest hits package, because they’re trying to stay in business—they wanna make all the f***in’ money. We’re now making four times the royalty we made on Sony, and the new album is heading toward platinum. Initially, the plan was to rerecord the greatest hits and three or four new songs, but once we got a few songs prepared with Arnel, things were going surprisingly smoothly. He was tearing through the tracks—no Pro Tools fixes, none of that crap—so I said, “It doesn’t feel right to just do the greatest hits and a couple of new songs. We gotta write more stuff. If we’re going to have 11 old tracks, let’s have 11 new tracks, too.” The terms are more favorable for the artist with these types of deals and the big box retailers like it because it gets people in the store. Almost no one goes into a big box retail store and leaves with just one item. You'll always find something else there that you need. I went to Target for the Lotusflower cd and ended up spending nearly a hundred dollars. It's a win/win situation for the most part. I don't know which artist started the trend but the record company business model is gonna go the way of General Motors if they don't wake up soon. It actually works our both ways for the artists and the big box retailers like Walmart and Target. The artists get bigger royalties, and the retailers get exclusive deals that they can promote on their own. Plus the retailers can afford to pay bigger royalties because they make up their money on sales of other products (household goods, apparel, electronics, etc.). -mart | |
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728huey said: babynoz said:
carlcranshaw said:
The terms are more favorable for the artist with these types of deals and the big box retailers like it because it gets people in the store. Almost no one goes into a big box retail store and leaves with just one item. You'll always find something else there that you need. I went to Target for the Lotusflower cd and ended up spending nearly a hundred dollars. It's a win/win situation for the most part. I don't know which artist started the trend but the record company business model is gonna go the way of General Motors if they don't wake up soon. It actually works our both ways for the artists and the big box retailers like Walmart and Target. The artists get bigger royalties, and the retailers get exclusive deals that they can promote on their own. Plus the retailers can afford to pay bigger royalties because they make up their money on sales of other products (household goods, apparel, electronics, etc.). -mart I think you just said the exact same thing I said using different words. Prince, in you I found a kindred spirit...Rest In Paradise. | |
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Earth Wind and Fire are working on a new album right now and they are planning to sell it thru Wal-Mart.It should be released by year's end. | |
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