Adele’s 21 sells boost record Labels profit
It has emerged that the singer’s record label XL Recordings reaped major financial rewards as a result of the LP’s success. Rewards, to the tune of $41 million.
Following its January 2011 launch, the project boosted XL’s turnover from £21.4 million to £111.7 million. This, lifting pre tax profits from £4.1 million to a sweet £41.7 million.
Lmao and American labels are playing musical chairs thinking that the CEO makes the difference in sales …… No it’s your bs artist . Don’t complain because u promote singles artist as the greatest shit ever and the label is failing ….lying to the public is not helping those profits . Keep your singles artist they will never catch these sales . Music that sells to all »»»» Music for one generation. So who really buys music ????? I think we see now
La Ried stupid ass pay attention