Prince hits bulls-eye with Target for three new discs
The collection is composed of two new Prince studio albums, LOtUSFLOW3R and MLPSoUND (the wacky spelling is courtesy of Prince, not us), as well as a CD from his new protege Bria Valente.
The trio will sell for an unbelievably low $11.98. That's for all three, not for each one. They are available starting March 29.
Prince's deal follows comes in a long line of superstars linking with one retailer to release product. It started in earnest with Garth Brooks and Wal-mart a few years ago. Other artists who have followed suit have included the Eagles, Guns ‘n Roses, Journey, Bruce Springsteen and AC/DC. Target hasn't jumped into the fray as much as its Wal-mart or Best Buy brethren, although was the exclusive retailer for Christina Aguilera's recent greatest hits set. More often, though, Target has released special editions of non-exclusive albums with extra tracks added on for Target, exclusive holiday or live albums.
These are good deals for the artists. Usually the deal is what's called a one-way buy. In other words, the retailer, in return for getting the exclusive, agrees to buy a certain number o f albums and pays the artist for that total number, as opposed to the number actually sold through to customers. For example, Wal-Mart's initial buy for the Eagles' "Long Road Out of Eden" was supposedly for 3 million copies. That was a really smart deal as that double CD has now sold more than 3.2 million copies, according to Nielsen SoundScan.
Prince no longer has a label deal, which means, like Brooks and the Eagles, they get the whole share of the pie.
Want more music news and analysis? Sign up now for HitFix Blog Alerts and get The Beat Goes On in your inbox every day.
Don't stop the music! Click here to add The Beat Goes On to your iGoogle, My Yahoo or My MSN experience today.
Not part of the HitFix Nation yet? Take 90 seconds and sign up today.
1995 | Mystery | NRSummary: Denzel Washington plays an out of work WWII vet who takes the wrong job and is soon neck-deep in a mess of politics, murder, and jazz in '40s Los Angeles.Director: Carl Franklin
Cast: Denzel Washington, Tom Sizemore, Jennifer Beals
2013 | Comedy | NRSummary: Insanely funny comedy show created by Amy Schumer, who stars in brilliantly funny sketches about sex, city living, dating, and friendship.Director: Daniel Powell, Amy Schumer (creators)
Cast: Amy Schumer, Kevin Kane, Mike Houston
1993 | Sports | PGSummary: Emotionally powerful sports classic featuring Sean Astin as a skinny high school kid with big football dreams and the determination to make his way towards his dream team at Notre Dame.Director: David Anspaugh
Cast: Sean Astin, Jon Favreau, Ned Beatty
2008 | Science Fiction | PGSummary: Animated series continues the story of Obi-Wan Kenobi and Anakin Skywalker as they battle the Emperor Palpatine, Count Dooku and General Grievous, but also takes time to explore other smaller characters in the Star Wars universe.Director: George Lucas (creator)
Cast: Tom Kane, Dee Bradley Baker, Matt Lanter
2013 | Drama | RSummary: Leonardo DiCaprio and Jonah Hill have boundless energy in the story of a real-life commodities crook who earned millions through scummy small-time stock trades.Director: Martin Scorsese
Cast: Leonardo DiCaprio, Jonah Hill, Margot Robbie
1997 | Crime | RSummary: Quentin Tarantino adaptats an Elmore Leonard novel into this story of a few increasingly desperate people scraping to get by.Director: Quentin Tarantino
Cast: Pam Grier, Samuel L. Jackson, Robert Forster
Let Streaming Genie help you.