Eagles Disintermediate Major Labels, ITMS

Eagles_055819

The Eagles — the multi-platinum selling alt country/rock band circa 1970s — are trying an interesting sales strategy for their first studio album in 28 years.

For the new disc, it appears that there is:

- no recording label participation;
- downloads at their site only;
- physical 2-CD Set purchased only at Wal-Mart, or ordered at their site ((Eaglesband.com).

2_their_greatest_hits

The band cranked out over 700,000 discs in the first week — not too shabby for a double disc.

For you young ‘uns, the album Eagles: Their Greatest Hits 1971–1975 is the all time best-selling album in the U.S. (according to the RIAA); Their album Hotel California is #18 on the all time top selling list).

What’s really interesting is the downloading — the double disc is available for in two formats: MP3 256k for $10.88, and in FLAC lossless for $11.88, directly from the band’s website. 

I am not sure, but it appears that both the labels and Apple’s iTunes have been cut out of the picture.

(I’ll update this as I learn more)

>

Update: November 7, 2007 5:52am

The Eagles made a
direct exclusive deal with Wal-Mart for physical album — no label involved.

The band
sold the album to Wal-Mart on a one-way basis (meaning, no returns). 

1_hotel_californiaMy anonymous industry source adds:

"If memory
serves, I believe they bought 3.6M units at $8 or $9.  The Band pays
manufacturing costs and publishing (most of which goes to themselves as writers)
and keeps the rest. Pretty nice haul. I haven’t confirmed with the
manager, but I believe the downloads are being done by the band through their
site only."

Again, no iTunes, no labels . . .

>

Sources:

Eagles
Wikipedia
http://en.wikipedia.org/wiki/Eagles

Top 100 Albums   
RIAA 
http://www.riaa.com/goldandplatinumdata.php?table=tblTop100

Revised Chart Policy Lands Eagles At No. 1
Mitchell Peters
Billboard, November 06, 2007, 8:30 PM ET
http://www.billboard.com/bbcom/news/article_display.jsp?vnu_content_id=1003668840

Previously:

JT bypasses the Labels   
http://bigpicture.typepad.com/comments/2004/12/james_taylor_by.html

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