Keith is right in saying that BMG have stated that the reason for their never-ending torrent of budget releases and Christmas-, gospel-, and greatest hits compilations is poor sales from the original catalogue. They make two arguments:Keith Richards, Jr. wrote:The sad thing is that this discussion is kind of pointless. It's very unlikely that BMG will change their minds. Ernst has stated that in order to get Elvis albums in stores, it has to be new albums - old titles just doesn't show up there. Most stores orders new titles and forget about the old ones. That's why BMG release new love and Christmas compilations every deleted - see guidelines #2 year.
1. Customers will only buy new compilations, not old ones
2. Customers will not buy catalogue albums (Elvis Presley, From Elvis in Memphis, Elvis Is Back!, etc.), only compilations
The first point they make doesn’t even seem likely. Do they honestly believe that the average customer can distinguish between the original albums and modern compilations? Do they honestly believe that the average customer can distinguish and have a preference between, say, White Christmas (2000) and If Every Day Was Like Christmas (1994)? It’s been stated so very often in the past, but these albums aren’t even in stores long enough to make a name for themselves, so it’s unlikely that they’ve amassed any sort of presence in the popular culture.
Up until recently, we, the fans, had little to argue against the second statement. BMG refused to publish sales figures to support their claim, and there was no other way for us to find out to what extent their argument was valid. Fortunately for us (and this was the point I wanted to make), popular internet-based store Amazon.com published a list of their best selling artists since 1998. The list can be found here, but I’ll reproduce the list here in case the page gets removed at a later date:
The importance of this list isn’t necessarily in the ranking order, as much as who is on the list. The most interesting listing is the top one: The Beatles. The Fab Four (#1; Capitol) released only a select few albums between 1998 and 2005 (the time period the list is focused on): The revamped Yellow Submarine (1999), the greatest hits compilation 1 (2000), Let It Be… Naked (2003), and The Capitol Albums, Vol. 1 (2004). That’s it. It should be noted that, during this time, the entire original catalogue was also available for sale. Considering only one of the aforementioned titles sold extremely well, one can assume that most of those sales came from the original catalogue. (The tremendous sales of 1 is a negligible factor anyway, since the same point could just as easily be made for 30 #1 Hits.)Amazon.com wrote:Congratulations to our 10th Anniversary Hall of Fame musicians, whose CDs have sold the largest number of copies at Amazon.com in the seven years since Amazon began selling music in 1998. We would especially like to thank Hall of Fame musicians Bob Dylan and Norah Jones for performing at our 10th anniversary concert event, A Show of Thanks, on July 16.
1. The Beatles
2. U2
3. Norah Jones
4. Diana Krall
5. Eva Cassidy
6. Frank Sinatra
7. Santana
8. Enya
9. Bob Dylan
10. The Rolling Stones
11. Dave Matthews Band
12. Bruce Springsteen
13. Sarah McLachlan
14. Dixie Chicks
15. Josh Groban
16. Elton John
17. Rod Stewart
18. Pink Floyd
19. Jimmy Buffett
20. Celine Dion
21. Sting
22. Johnny Cash
23. Ray Charles
24. Van Morrison
25. Elvis Presley
And The Beatles aren’t the exception here. There are several other artists on that list whose presence must surely be due to the availability of their original catalogue. Bob Dylan (at #9; Sony/Columbia) only released a handful of albums during this time: six volumes of the official Bootleg series, an Essential collection, and re-masters of his original albums (with original track lists intact), including on Hybrid SACD in 2002. The Rolling Stones (#10; ABKCO) barely released anything during this time: the majority of their original catalogue was re-mastered on Hybrid SACD in 2002 (tailored to both UK and US listeners), the greatest hits collection 40 Licks (2002), and three singles collections geared towards collectors (2004/2005).
I’m sure similar arguments and lists can be made for artists like Bruce Springsteen (#12), Elton John (#16), Pink Floyd (#18) and other “veteran” artists, but the point is obvious: BMG are wrong. Not only do original catalogues sell, but artists who have made their original catalogue available have sold more than Elvis.
It’s clear from this list that catalogue albums do sell, and there is no need to constantly release new compilations, or delete Elvis’ original albums from the main catalogue. During this time, BMG released and rearranged most of Elvis’ catalogue and then deleted the whole thing, released two major hits-compilations and repackaged them half a dozen times, and released more gospel- and Christmas-sets than a sane person can keep track of. It’s quite apparent that record labels can make a significant profit from original albums, and as much as I would have liked to have used a different example (for once), The Beatles provide the strongest evidence for this. And as long as BMG stick to what they’re doing, they run the risk of Elvis disappearing from that list entirely.