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Posts Tagged “Best Buy”

the sex, the drugs, the ad inserts, the shocking truth

Is Best Buy Already Over Promoting "Chinese Democracy"?

While flipping through the Best Buy circular that came with this weekend's New York Times, I noticed something kind of odd: There wasn't one mention of Guns N' Roses' Chinese Democracy anywhere within, despite the album still being exclusively available at the big blue retailer. All the premium music-selling real estate—the album-cover shots in proffered iPods, etc.—was instead given over mostly to Britney Spears' Circus, which I can understand on one level (a pretty girl being like a melody and all), but which doesn't make sense given that the Guns deal was supposedly a big-money transaction for Best Buy, and that the endlessly speculated-about album reportedly didn't break the half-million mark as far as its first-week sales went. More »

the sex, the drugs, the sales, the shocking truth

More "Chinese Democracy" Sales Numbers: The Answer Is As Mysterious As You'd Expect

You may be wondering how first-day sales of Guns N' Roses" Chinese Democracy went, and... well, no one's really sure, thanks to lots of retail secrecy! Hits has the very first, very wild estimates: "After yesterday’s first-day sales, which include a reported 25k downloads at iTunes, first-week sales prognostications are ranging anywhere from 300-500k." Those of us who figured that the album's Sunday release date on Best Buy and iTunes meant that it would show up on this Wednesday's album chart were wrong, thanks to the combination of something that Hits is calling "a recent controversial SoundScan ruling about counting digital sales" and Best Buy's own Sunday-to-Saturday sales-reporting policies, which were outlined way back when the album's release date was announced in October: More »

on the scene

"Chinese Democracy": So, How'd All That Pent-Up Demand Work Out?

I stopped by the Best Buy on Broadway in downtown Manhattan today and was greeted by the sign at left, which led me to believe that Chinese Democracy's release would have been a big deal, at least in terms of in-store displays and the like. But as it turned out, "music's most anticipated album ever" wasn't worth a display on the store's first floor, let alone one somewhere adjacent to the Rock Band 2 setup on floor two. Instead, once I got to the store's music section (which is probably worthy of its own "how low can its floor space go" post at some point), I saw a big display of iPod acessories blocking the poster advertising the album, and scant inventory of the record itself. (I did get to play "Man In The Box" and "Eye Of The Tiger" on Rock Band, which was pretty fun; the store was overall surprisingly empty, and I probably could have squeezed another two songs or so in.) What was the scene like in other parts of the country? Some reports from the front after the jump. More »

format wars

Major Labels Still Trying To Be Creative With Physical Media

Undaunted by the lack of success seen by the ringtone/CD-single hybrid known as the Ringle, the four major labels have decided to dive back into the brick-and-mortar world with a new format that brings together one-gigabyte memory cards and full-length albums. The new format, which will supposedly be compatible with both mobile phones and home PCs, has been given the unwieldy name SlotMusic*; the Wall Street Journal says each album in the line will cost $15, while the New York Times claims that the format's price point will be in the single-digit range. More »

incentives?

Mudvayne Give Back To The Fans (Brought To You By Best Buy)

I'm all for new ways for bands to connect to their fans (and creating new revenue streams in the process), but when the band in question is Mudvayne, and the new idea is so confusing and filled with corporate sponsorship that after four reads of the press release, I still have no idea what the promotion is, I'm a little worried that the motivations might not be all that genuine. More »

acquisitions

Napster Winds Up In Best Buy's Cutout Bin

Best Buy has purchased the once-pioneering, now-also-running digital-music service Napster for $54 million, or $77.14 per subscriber to the service. The folks at Marketwatch are theorizing that this move was made in part to jumpstart the electronics retailer's digital-music strategy—currently, anyone who wants to get music from BestBuy.com has to go through a kludgey, Windows-only version of Rhapsody, so I guess Napster would be a huge upgrade—but one poster on the Velvet Rope smartly points out that Napster's overall download infrastructure will also help the retailer shift its distribution of, say, software from the big, clunky boxes that take up valuable shelf space to bits of data transmitted over the Internet. [Marketwatch]

first they came for vinyl, and i said nothing

Best Buy Now Taking Aim At Pretty Much Any Enterprise Potentially Owned By Real People

So you walk into Best Buy and you realize that there is a massive hole in your psyche left by the store's environment. Is this hole shaped like wire bins filled with discounted copies of Reign Over Me on HD-DVD, ugly orphans of the format war? Is it, perhaps, shaped like a half-understood attempt to get a share of the vinyl market? What if it's shaped like Guitar Center, but without mullets? More »

spin the black circle [redux]

Best Buy Going For Warmer, Fuller Sound


Hey, independent music stores: Did you think for a minute you had the vinyl market to yourselves? With the vinyl market as the only physical portion of the biz that improved last year (nearly a million new vinyl albums were sold, up 15 percent), did you think the big boys wouldn't notice? Well, they have: Best Buy is looking into the vinyl biz, testing the format in several of their stores. Obviously, Best Buy doesn't expect record sales to become a huge portion of their business, but at very least, it keeps kids out of those pesky local stores. [Minneapolis Star Tribune]

cleanup in aisle eight

Big Box Stores' Cutbacks May Give CDs Even Less Shelf Space Than Sugary Cereals

Reports are surfacing that that the three stores that make up the bulk of CD sales right now—Best Buy, Wal-Mart, and Target—are planning to dramatically scale back their music sections after the holiday season, thanks to executives believing that the CD market is in "permanent decline" and that sales will drop even faster next year than they did in 2007. Cutbacks are expected to be in the 20% to 40% range, and the Silicon Alley Insider has a rough estimate of what that could mean for the music industry: More »

wal-mart

Big Box Retailers Doing Not Quite As Crappily As The Rest Of The Industry--But They're Getting There

Today's Wall Street Journal examines how the "big box" retailers—i.e. Wal-Mart, Target, Best Buy and other places you only go to when in disguise—are faring in today's increasingly iffy music-retail landscape. The stores are facing a number of problems nowadays, including an overall sales slump (of course) and increased pressure to remove albums with "offensive" lyrics and subject matter. But that doesn't mean they aren't just as powerful as ever: More »