Day: March 6, 2013

http://99u.com/articles/7300/The-Stax-Records-Guide-To-Overcoming-Setbacks?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+The99Percent+%28The+99+Percent%29

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.

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Wow, how many people can “reboot” themselves?

Hard to imagine. But if you have no choice, then choices are easy?

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