Capitol Records dumped them after their last album sold only 38,000 units, so now the Dandy Warhols are launching their own label. The Billboard article reveals some interesting details about their contract with Capitol:
“Our records were recouping and making money for them because of all the licensing, but they weren’t promoting us or paying attention.”
…Capitol owned 50% of the masters in perpetuity. This meant the band had to split any licensing income with a label it felt was doing nothing else for it. Faced with the knowledge that their licensing income had outweighed their sales income, the Dandys wanted to create a deal where they could call the shots and reap the benefits of their placements.
Hand-picked Best of the Dandy Warhols videos after the jump…
Video: The Dandy Warhols – “Bohemian Like You” (2000, NSFW)
Video: The Dandy Warhols – “Boys Better” (1997)
Video: The Dandy Warhols – “Smoke It” (2005)
Video: The Dandy Warhols – “We Used To Be Friends” (2003)