The Lefsetz Letter makes a compelling case for releasing and selling singles rather than complete albums. Here’s an excerpt:
Everything you know is wrong. The train has jumped the track. The slate has been wiped clean. The old era is over. The Internet and iPod have changed everything. Now you’re only one of thousands of tracks. You’ve got to make it into a listener’s pantheon, or be deleted. How good are you?
New bands… One track only. Maybe you’ll get radio play, good luck. But even so, if it’s that good, people will trade it. And, if you get no traction, you can go back to the drawing board at a much lower price. In the old wave system, you cut an unsuccessful album and you’re over. Today, have a stiff single and you go back to the studio!”
Read his entire argument here and let me know what you think.
