March 25, 2008
Have Albums Become Irrelevant?
The Smashing Pumpkins just revealed that they will be abandoning the album format in favor of a less formal 3-4 song EP approach. “Anyone under the age of 24 just buys songs,” Corgan explained. “It’s just in our best interest to release blocks of songs.”
This format makes sense as singles have far replaced albums in digital sales. Why should an artist invest so much energy in a 10-15 song album on which they will be judged for the next 1-2 years? As album production costs have reduced substantially, artists could now start releasing new EPs every three to six months constantly feeding fans bite-sized doses of new material. An artist could even take bigger chances with new musicals directions since fans know they will have new material coming out a few months later.
Sales wise this could make even more sense. Fans could be more willing to pay $1-$2 for an EP versus $9 for an album. A subscription model could also work where fans can sign up for an entire year’s worth of releases as part of an overall fan club. Brands could come on to sponsor the EP with the songs in the brand’s commercials and the mp3’s only available at a special brand micro-site.
Concept albums are great if you are a band that can create a cohesive 45 minutes of music, but with an increasingly distracted audience would your fans ever be able to fully sit still to listen to it?





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