The Stax Records Guide To Overcoming Setbacks
by John Caddell
In 1968, Al Bell, president of Stax Records, the pioneering R&B music label, learned that the expiration of his company’s distribution arrangement with larger Atlantic Records would deprive Stax ownership of its own back catalog of music – the songs and albums the label had released since its founding in 1959.
Since much of the worth of a record label came from its back catalog, Stax Records was, in effect, starting over as a business without the steady residuals a large catalog could provide. Confronted with this reality, Al Bell decided to create a brand-new catalog.
Wow, how many people can “reboot” themselves?
Hard to imagine. But if you have no choice, then choices are easy?