Prince Gives Away 3 Million Copies Of Latest CD

Published: July 19, 2007, 12:41 pm

Tags: britain, corporations, music, prince, media

Prince gave away 3 million copies of his latest album, Planet Earth, last Sunday with the Sunday edition of the British newspaper The Mail on Sunday. Representatives of the music industry are not pleased: "The Artist formerly known as Prince should know that with behaviour like this he will soon be the Artist Formerly Available in Record Stores," said Paul Quirk, co-chairman of the Entertainment Retailers Association.However, Time magazine calls it a briliant move.In a world where free usually means worthless, many in the industry can't stomach the idea that one day consumers could pick up the new Eminem album with every packet of M&M's. But one man's freebie is another man's fortune. Prince was reportedly paid $500,000 over and above the royalties for each CD typically around 10%. Considering that his last album, 3121, sold only 80,000 copies in the U.K., this deal may have earned him more than eight times as much. Plus, Planet Earth which has gotten fairly good reviews

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