Interscope Delays Major Releases

The music industry realizes 40 percent of its total annual sales during the Christmas shopping season, but one label may see a major sales slump over the next month instead. The music industry realizes 40 percent of its total annual sales during the Christmas shopping season, but one label may see a major sales slump over the next month instead. While Interscope Geffen A&M Records, a subsidiary of Universal Music Group, finally released Chinese Democracy, it has also had to delay release dates for other albums by many popular artists that were slated for release this Christmas season. Originally, Interscope had planned to release 50 Cent's Before I Self Destruct and Eminem's Relapse, in addition to albums by the Black Eyed Peas and U2. There was also a rumor circulating that Dr. Dre might be ready to release Detox, his first album in nine years. Thanksgiving is upon us, however, and only Dr. Dre's album may see a release before 2009. Addressing the topic of the delays, Interscope Chairman, Jimmy Iovine, said, "Interscope Geffen A&M has never been a label to rush the creative process of its artists." While his statement may be accurate, Interscope could certainly use a sales…

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