Digital Downloading has KILLED the Music Business! Read this;
http://www.side-line.com/news_comments.php?id=46980_0_2_0_C
Sad, but TRUE! We are at the END of an Era!
Dave said:
Also, stores are buying very little qty nowdays. Stock isn't moving like it used to. I've noticed that stores will pick up maybe 3 copies each of an album (not including one stops) and then restock over and over. Stores are being extremely cautious, they don't want to be left with anything that can't be returned (ie; vinyl) As strange as it sounds, our cd sales have skyrocketed in 2011, and I think a big reason for that is that cds are returnable to the distributor, most distributors do not take returns on vinyl, so stores are picking up very few copies, and only restocking when the last copy is gone. Cds are returnable, so stores are more liberal with the purchasing. Stores may pick up 20 of a cd format, and only take 2-3 of the same release on vinyl format.
It's getting rough. But if you have a great back catalog, great bands that are touring and are active, and a decent promotional budget, there are distributors out there that will pick you up. Not sure if you give advances to bands? But that is a way to break in and get some bigger bands, if you have one decent sized band that has a solid sales history worldwide, and is active, that can be enough to boost your overall label sales, and that would be time to approach a distributor. D
Distributors are also being extra cautious now also, so finding a distributor among the very few left, is a bit more difficult, and gone are the days of distributor advances to labels.