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>"To be blunt, there's a lot of it and it's not actually that valuable. We've had CDs for 30+ years. If there's an album UMG thought it'd be worth digitizing, r
by bogomipz 7y ago
>"To be blunt, there's a lot of it and it's not actually that valuable. We've had CDs for 30+ years. If there's an album UMG thought it'd be worth digitizing, remastering, and reselling, they'd have done it by now."
This is not even remotely true. Albums are re-issued and re-released all the time. Often times there will a renewed interest in an artist or their work from a death, some current artist sighting them as an influence or an artist making a comeback. Master tapes are the most valuable asset a record label has. It is also not uncommon for albums to go out of print for a period and then be released again many years later. And albums go out of print for all kinds of reasons. David Bowie's classic RCA catalog(Heroes, Low, Lodger etc.) were all out of print in the 80s and 90s. They weren't available until Bowie got the rights to his masters back - something called a "reversion"in recording contracts. So a record label could have ownership of the masters for 30 or 40 years before they revert back to an artist. After which an artist will likely reissue them since they generate income.
- dehrmann 7y ago> Albums are re-issued and re-released all the time. This is a tactic to stay on the charts and drum-up sales. On the top-50 albums right now, many of which have spent YEARS on the chart, - Queen: Greatest Hits I II & III: The Platinum Collection - Bob Seger & The Silver Bullet Band: Greatest Hits - Sounds Of Summer: The Very Best Of The Beach Boys - Elton John - Goodbye Yellow Brick Road - Pink Floyd - The Dark Side Of The Moon https://www.billboard.com/charts/top-album-sales https://www.billboard.com/charts/top-album-sales
- bogomipz 7y ago>"This is a tactic to stay on the charts and drum-up sales." Uhm yes it's a business, it's called the "music business" for a reason. What's your point? To my point - Queen is there because there was just a huge biopic movie that won 4 Oscars. There is also an Elton biopic that was just released. Brian Wilson of the Beach Boys had a big summer tour planned that was just cancelled. And Bob Seger is currently on tour. That's traditionally how the music business worked - artists toured to sell records in the markets they were playing in. Pink Floyd being on the charts is nothing new either. It's a constant. They have been on the top 200 for Dark Side since it was released in 1973[1]. And it spent decades on the chart before there were any reissues of it. There is also no shortage of long tail content that sells well to diehard fans but not enough to chart. Visit Rough Trade Records in Brooklyn/London or Amoeba Records in SF or LA if you want to see just how big of a business "specialty" reissues are - most of which will never show up on any charts. [1] https://www.billboard.com/articles/events/greatest-of-all-time/6760799/pink-floyd-dark-side-of-the-moon-most-weeks-billboard-200-title https://www.billboard.com/articles/events/greatest-of-all-ti...