Just for those of you who like to voice thoughts on topics from my corner, here's a "user-friendly" repost of a current blog about our new limited edition model. Feel free to post any thoughts and whatnot here. Thank you, fellow soundtrack listeners! --Doug
11/2/11
I'm pleased to hear from many of you that our shift in Intrada's limited edition business model is doing just what we had hoped it would do. You get the music you want and have a say in just how many copies we should manufacture... and for how long.
I honestly feel it's the most customer-friendly approach in our little industry... and, duh!... yes, I'm biased. But I think we're onto a system that respects customers first, allows them to prioritize their purchases from the flood of releases coming out in all directions... and still maintain some of the excitement that limited editions do generate. For those who enjoy investing in limited releases, be it for fun or for speculation, you've got a place as well.
As was just seen with YOUNG GUNS II, we'll still see titles disappear quickly after the initial interest dies down. With a target date attached, interested customers have some warning as to when they should take the final plunge. Obviously a title can sell out earlier than the posted date if sufficient interest warrants. But now you help determine just how many copies we should license and manufacture, which is pretty friendly in my humble opinion. Plus, we still keep our limited titles within the express guidelines of the musician's union and studios with respect to overall quantities, which currently can't exceed ten thousand units in any case.
In summary, we're just putting the pressure on the back end instead of the front end now. No more waking up in the morning only to discover a limited gem has sold out within hours of a release announcement... yet collectors and investors still get to enjoy the challenge of stuff being available only for relatively short periods of time. If it's in the Special Collection or Signature Series, there will be some pressure to prioritize, just thankfully not overnight!
And, of course, we'll continue releasing "standards" in our MAF series with no limits on the quantities at all, such as with RED DAWN, FIRST BLOOD, RAMBO III, WIND AND THE LION, SILVERADO, THE GREAT ESCAPE, PATTON, TOMBSTONE and others. On that stuff, for as long as we control a license (which can be anywhere from a few years to in perpetuity) you'll be able to purchase them.
Anyway, I think all of this is a win-win for everyone!
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