doublev2 wrote: ↑Wed Jun 21, 2023 12:17 pm Enigma were in position to release...why would they put out an album that they paid for and the artist used the recording to try and get a better deal? On top of that 1990 this music was so out of date for the target teenage audience .
Enigma owned by capital records at time with huge resources..the issue is vinnie. The material was highly uncommercial and grunge Rock had taken over . It's nothing short of a miracle Slaughter went double platinum in 1990.
The West German publishing conglomerate Bertelsmann AG paid a reported $300 million in 1986 for the 75% of RCA Records that it did not already own. Sony Corp. bought CBS Records for $2 billion in 1987. MCA Records and the investor group Boston Ventures bought Motown Records for $61 million in 1988. This year, Capitol-EMI bought 50% stakes in London-based Chrysalis Records and El Segundo-based Enigma Records for $75 million and $22 million, respectively. And Fujisankei Communications of Japan just agreed to buy 25% of London-based Virgin Records for a reported $180 million.
July 28, 1989
https://www.latimes.com/archives/la-xpm ... story.html
Its really funny how a guy who "claims"
his dad was running EMI and all these other labels doesn't even know EMI only bought 50% of Enigma in 1989. And that same guy keeps acting like Vinnie recorded GFH in 1989 when that didn't even start until 1990.Also hilarious he acts like its shocking Stick It To Ya went 3X platinum (although he says 2 but its past 3) did that in 1990. Plenty of bands that came out in 1989, 1990 did very well still. MTV was still playing the crap out of the music. You'd think someone who "claims" their dad worked in the biz would know easy things like this.
Even funnier, he claimed Enigma was in a great position to release GFH although, they had already laid off the majority of the staff and the label got folded under and even their top selling act bolted for Hollywood Records. They weren't "retained"
And that same guy uses "Wikipedia" for a source and then always mocks LA Times, Billboards, Pollstars etc.
And while he mentioned Slaughter going Double Platinum (and later 3X) in 1990, he forgets that EMI bought 50% of Chrysalis (which was about to go under). Mike Bone came in and turned things around and then as posted here Mike Bone gave VVI credit for breaking Slaughter.
Odd how someone who "claims" their dad works at EMI doesn't know the very basics of the music business or even about Chrysalis/ EMI/ etc.
But yeah, Grunge was huge in 1990 and nobody was buying metal albums in 1990. Good thing we have DoubleV's expert wisdom. And good thing he dad "worked" at EMI. It always shows thats the truth from what DoubleV posts.