Labels Plan Big Releases for Fall

Last year, despite strong titles from Kanye West, 50 Cent and the Eagles, expected releases from stars such as Mariah Carey, Lil Wayne and Nicole Scherzinger failed to materialize, and after poor fourth-quarter sales, major labels wound up laying off dozens of employees. This year, artists and labels seem determined not to make the same mistake. "Everyone's trying to put out a record while they still can," says Bob McLynn, Fall Out Boy's manager. (FOB's Pete Wentz has said the band's new disc should be out by the end of the year.) "Who knows if you still can put out fucking records a year or two from now? Is it going to be online only? Is it going to be singles?"

Major-label execs agree that the business' total shift from high-profit CDs to singles-focused digital releases will accelerate over the next few years. "It's somewhere in the future, but it's not January of '09," says Tom Carrabba, GM of Zomba Label Group, which is putting out new albums by T-Pain, R. Kelly, Pink, Ciara and Big Boi this fall. "We have some time before that physical album really goes away."

Retailers and labels are continuing to experiment with new ways to put out music. After the Eagles' Long Road Out of Eden became one of last fall's top-selling albums as a Wal-Mart exclusive, Columbia Records will release AC/DC's new album October 20th only at Wal-Mart.

But the 2008 holiday season will live or die on old-fashioned hits. "It depends on whether the U2 record is going to have five singles and is still selling a year later, and if the Beyoncé record does the same thing," says Virgin's Gyger. "But the fall looks extremely impressive. Especially coming off a weak last year, it looks really, really strong."

[From Issue 1060 — September 4, 2008]

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