The big labels have no idea how to address the demand for the digital availability of music and are fumbling with modified business models. Bands are getting dropped left and right, and newly signed artists have about five seconds to make it or they are dropped.
KISS' big mouthed jerk Gene Simmons says there will never be another new KISS album because they wouldn't know how to release it. And Radiohead shocks everyone by giving their new album away for free digitally, and then the physical release debuts at number one months later.
In this era of fear and uncertainty, only a true knock-out gets a label deal, right?
Nope! Check out this press release announcing that the reunited Asia has been signed to EMI Records for its new CD, called Phoenix.
Yep, the same Asia in which half of its members had heart procedures in the last six months. How can EMI make any money off of these guys?
I love Asia's first album and a half - don't get me wrong. And I am bummed that yet again they will bypass the Northwest on their current tour.
But they are playing really small venues. I can't imagine they are doing more than break-even on the road. But hey, at least they have a record deal!
So this is a bit of a head scratcher to me. What do you all make of it?