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Word: planet (lookup in dictionary) (lookup stats)
Dates: during 2000-2009
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...another man's fortune. Prince was reportedly paid $500,000 over and above the royalties for each CD - typically around 10%. Considering that his last album, 3121, sold only 80,000 copies in the U.K., this deal may have earned him more than eight times as much. Plus, Planet Earth - which has gotten fairly good reviews so far - is now in the hands of thousands of people who may never have thought to buy it. Maybe they like what they hear ... and maybe they want more. They'll have to settle for buying up his back catalog, because...

Author: /time Magazine | Title: Why Prince's Free CD Ploy Worked | 7/18/2007 | See Source »

When Prince's new album Planet Earth was released in the U.K. on July 15, almost 3 million people picked up a copy. Normally, that kind of news conjures up images of record industry execs high-fiving each other and fans streaming into record stores to empty the shelves of their hero's latest offering. But in this case, the record industry execs are livid. And it's true there isn't a single copy of Planet Earth in any store in the country - but only because they were never there in the first place. In fact, Prince didn...

Author: /time Magazine | Title: Why Prince's Free CD Ploy Worked | 7/18/2007 | See Source »

...unprecedented deal, Prince granted British tabloid the Mail on Sunday exclusive rights to distribute his new album as a freebie. Cutting out record stores, online sellers, and even his U.K. label, Sony BMG, he decided to take Planet Earth straight to the people, and all it cost them was the paper's $3 cover price. "It's direct marketing," the pint-sized popster said when the deal was announced three weeks ago. "And I don't have to be in the speculation business of the record industry, which is going through a lot of tumultuous times right...

Author: /time Magazine | Title: Why Prince's Free CD Ploy Worked | 7/18/2007 | See Source »

...fans rejoice - another middle finger to The Man! - the music industry is reeling. While Planet Earth is due to hit shelves in the U.S. on July 24, Sony BMG announced that with so many free copies floating around, it won't be releasing the album for sale in the U.K. at all. Music retailers boycotted the paper, until HMV reluctantly agreed to stock it, just this once. "We decided we could either get marginalized or we could get right in there," says spokesman Gennaro Castaldo. "With whatever reservations, our motivation was to give our customers the choice and access...

Author: /time Magazine | Title: Why Prince's Free CD Ploy Worked | 7/18/2007 | See Source »

...famous is the Burj al Arab, a splendid, sail-shaped luxury hotel as high as the Eiffel Tower. When Sang points toward the hazy waters of the Gulf and says, "That's the World out there," it takes me a second to realize he's not referring to our planet, but to yet another huge real estate development. The World will be a collection of luxury resorts and private estates built on man-made islands that replicate the earth's continents...

Author: /time Magazine | Title: Postcard from Dubai | 7/18/2007 | See Source »

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