EMI happy with Fundamentalsales?
- BlueSwan
- Posts: 2635
- Joined: Wed 29 Oct 2003, 6:42 pm
I'd guess that EMI would be disappointed if total worldwide sales were less than 500.000. They'd definitely be happy if it sold more than a million worldwide.
http://www.soundcloud.com/blueswan (Blue Swan tracks, my solo tracks and remixes)
http://soundcloud.com/groups/inspired-by-pet-shop-boys (A collection of various artists PSB covers, PSB remixes and original songs inspired by PSB - anyone interested can contribute tracks)
http://soundcloud.com/groups/inspired-by-pet-shop-boys (A collection of various artists PSB covers, PSB remixes and original songs inspired by PSB - anyone interested can contribute tracks)
- lucienchardon
- Posts: 1127
- Joined: Thu 08 Jan 2004, 8:22 am
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wirral39
- Posts: 55
- Joined: Mon 17 Apr 2006, 8:21 pm
What matters is not just the unit sales of Fundamental but the net profit when all the production and promotion costs - which must have been huge - are taken into account. So far, 40,000 copies could not have generated that much more income than was needed to record, design, print, ackage, distribute and promote the thing.
I assume that EMI's key interest is not chart position or unit sales but total income from the band and total profit.
I assume that EMI's key interest is not chart position or unit sales but total income from the band and total profit.
An empty box, an open space
A single thought leaves a trace
A single thought leaves a trace
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reality_check
? Not so sure about that Wirral ^
Unfortunately you assume that a Record Co. would not give/risk some leeway/credit(to be repayed when more significant comercial success is achieved in the future) to their once mega selling, long established act. Given such an exact net proffit may not be expected for EVERY album, they will be given so many chances untill the risk becomes 'UNACCEPTIBLE' at which time they will cut further losses and terminate the contract ASAP.wirral39 wrote:What matters is not just the unit sales of Fundamental but the net profit when all the production and promotion costs - which must have been huge - are taken into account. So far, 40,000 copies could not have generated that much more income than was needed to record, design, print, ackage, distribute and promote the thing.
I assume that EMI's key interest is not chart position or unit sales but total income from the band and total profit.
If you think Record companies are interested in anything else significantly than chart posn's and unit sold i challenge you to come up with official credible evidence.Tours make no significant direct(best can do is promo for records problem is hardcore fans who have already bought the album are the majority of the audience) profit for Rec Co ( just look at all the old bands w/o labels who still sell out nationwide shows they still never get record deals, Take That didn't get offered a rec. deal untill long after they had a dead cert huge sell our tour). Writers get much more money from Airplay of old tracks than a Record Co. does, only massive airplay of a current hit makes them much cash.The only other signif source of cash i can think of is artist back catalogue sales but as per my latest knowledge that is not significant for PSB now but if you have more up to date accurate evidence...
A record company is concerned about just that; R-E-C-O-R-D-S (their promo/sale/profit) unless a contract has a reasonable chance of making them a profit they will end it,however politically it ends up being worded since at the end of the day it is a cold heartless biz like the rest of big biz capitalism.