Recently we reported that EMI is undergoing some changes, and yesterday on the Guardian's website some mind-blowingly and somewhat amusing details were revealed about the company's plans to deal with some unwanted stock.
According to a story titled "Sing for your supper, EMI boss tells artists," the record label "is understood to have more than a million unsold copies of Robbie Williams's Rudebox album, which it will send to China to be crushed up and used in road surfacing and street lighting." (To date, Rudebox has sold 4.5 million copies worldwide.)
On top of that goes on to reveal that "about 85% of what EMI does release never makes a profit, in part because of the cash spent signing bands and partly due to overestimating demand." Ouch.
Robbie Williams feat. Pet Shop Boys "She's Madonna"
According to a story titled "Sing for your supper, EMI boss tells artists," the record label "is understood to have more than a million unsold copies of Robbie Williams's Rudebox album, which it will send to China to be crushed up and used in road surfacing and street lighting." (To date, Rudebox has sold 4.5 million copies worldwide.)
On top of that goes on to reveal that "about 85% of what EMI does release never makes a profit, in part because of the cash spent signing bands and partly due to overestimating demand." Ouch.
Robbie Williams feat. Pet Shop Boys "She's Madonna"