http://blogcritics.org/ A sinister cabal of superior bloggers on music, books, film, popular culture, politics, and technology - updated continuously. en Copyright 2002-2006 by the authors Wed, 14 Aug 2002 12:33:49 EDT http://backend.userland.com/rss Blogcritics.org custom software http://blogcritics.org/archives/2002/08/13/182506.php#comment-75 The point about the "averaged $450,000 in advances and commitments for the first album," is that this isn't income, this a debt. In the piece about the pop tart in the New York Times Magazine: "Amanda Latona has a voice, but she needs a sound", it is pointed out that she needs to have her debut album reach platinum just to break even. Of the 6400 or so albums released last year, a bit over 100 sold platinum. This is a rolling debt, so with each album released the recording act is further in the hole. It isn't an investment, it is a mortgage. ]]> 75@blogcritics.org Wed, 14 Aug 2002 12:33:49 EDT