I was just watching a programme a few days ago about the money made on new singles and the result was that it is extremely rare that a new single (well cd, these days in most cases) hardly makes enough money to cover the total cost of production, marketing, and the rest. This must be a nightmare if it bombs.
Obviously in the 60s with our type of music there must have been a pot of gold available if a single record sold big time, and perhaps the losses were not so bad, if like so many it bombed as far as sales are concerned.
My question is considering the current situation, is it the end of inependant single production?
I was just watching a programme a few days ago about the money made on new singles and the result was that it is extremely rare that a new single (well cd, these days in most cases) hardly makes enough money to cover the total cost of production, marketing, and the rest. This must be a nightmare if it bombs.
Obviously in the 60s with our type of music there must have been a pot of gold available if a single record sold big time, and perhaps the losses were not so bad, if like so many it bombed as far as sales are concerned.
My question is considering the current situation, is it the end of inependant single production?
Ed