Rick wrote:I can see that being true, but if this thing doesn't take off at some point, their history with WalMart, or any other label. Seriously bad business.
Well, their history with WM was probably just the 'one' deal, meaning that do Revelation + another, if the initial did well, and with conditions. WM is all about the immediate buck. But, I'd bet their projections included a residual album. That means that they made enough from Revelation to cover any subsequent losses. In other words, some of the production of Eclipse was a cost built into the original Revelation +another deal.
WM isn't who they are based only on short term projections. They are smart, very smart, business people. Any 'next album' (Eclipse) costs were probably long-budgeted before this year. And btw, it wouldn't surprise me one bit that Journey's original choice of doing an EP only evolved into a complete album when they decided to take WM up on the option. NS saw it as a way to further get his name out there under the Journey name...and at WM's expense.
Now then, Journey probably paid some expense themselves when they hired Kalmusky and were still obligated to Shirley. But that was probably a choice by NS w/JC's consent.
Okay, long story short, Journey's day's of major labels are long gone...and the day of a new WM deal is done too.
What happens record-wise from now on, is anyone's guess.
later~