M
muzikfrk
Guest

Burgundy usually limits itself to one-album contracts with its artists, sometimes with options to release more music. And because it has a full-time staff of only about two dozen employees, it expects to put out no more than two or three albums a year.
Twenty-four full-time employees, two or three albums a year, each of them selling about 50,000 copies. (America's Hear And Now was their collaboration with Fountains of Wayne and Nada Surf members; it has sold 46,000 copies) Isn't the indies' relative smallness a big reason for this model's success? One-album contracts are a fine way of minimizing overhead, but you'd think that a less bloated payroll would be a better long-term solution--or, at the very least, free up enough cash to give a deal to Miquel Brown. Old Stars, New Music, New Money [Forbes]
[IMG]http://feeds.gawker.com/~a/idolator/full?i=xPkdes[/IMG]
More...