Toph wrote:Boomchild wrote:jrny84 wrote:Boomchild wrote:Toph wrote:SuiteMadameBlue wrote:Toph wrote:DarrenUK wrote:Number 2 on the Amazon Blue Ray chart and number 6 on the DVD chart ......
Where is the longevity here?
Now #6584 on movies and tv and #78 on concert videos... out just 2 weeks...
After 2 weeks it sold 2891 in the USA and 501 in Canada in total sales. This is according to SoundScan, anyone can look up this information on the sales of albums, oops, I mean cds & dvds.
Damn its on fire!!!!!
Especially in Canada!!
Sales update: 3 7 10 18 STYX GRAND ILLUSION/PIECE 788 -28 1090
3,679 thanks to ukmix.
I wonder what amount they would have to sell for this not to be a loss for them?
Do the math - no way this isn't a huge loss for them.
3,700 copies sold x $15 retail price point = $55,500 in retail sales
Retail Margin - 30%; $16,500
Net Profit - $39,000 to record company
How much did this cost to record? $100K?
Huge loss.
It's incredibly unlikely it cost anywhere near that to film. Why should it? The only costs are cameras and operators, the rest of the show exists already. Operators don't cost much, and digital filming is inexpensive. And JY's friend Steve Jones, who did the graphics for the tour, is a well-known movie producer who can probably get them what they need to film at cost or just above.
The retail sales are not going to be the major numbers for this project. The major numbers will be at the merchandise table and won't be Soundscan reported, more than likely. Also don't leave out the rights for broadcast on VH1 and whatever other channels may eventually broadcast this material. I'm not saying it's going to make a fortune, but I don't think it will lose money in the end.
Also, we can't take those sales numbers as a referendum on the current lineup of Styx. The numbers on the sales of concert DVDs are tanking across the board. Ian Anderson told me the week before last that he doesn't think it's financially viable for bands to even bother with filming concert DVDs anymore. The numbers are just too soft, due in no small part to piracy, as with everything else.
I think we'll probably see bands developing a model whereby you can stream HD live content right from their web sites for a fee, thereby cutting out manufacturing and distribution costs altogether. I'd like to see Styx and other classic bands try a tiered, multi-level subcription that offers different content for different levels of fans. Then it would up to each fan to decide how much each band is worth to them, instead of the one-size-fits-all pricing that we have as part of the business model now.
Sterling