How To Sell 1 Million Albums and Owe $500,000
Written by Urban Mogul Life on July 11, 2011
It sure is beginning to seem like the record business ain’t all that it’s cracked up to be. How is it that one person can sell millions of records, appear on magazine covers, concerts here, there, and everywhere, and still owe the label money? The more I learn about the business the more I imagine some Big Red perm looking dude getting all the money, while the artist scraps to get out of debt. I guess all those cars, hoes, and jewels ain’t free.
Martin Frascogna breaks down “How to sell 1 million albums and owe $500,000!” Sounds crazy don’t it?